It will not be of help if we will contribute to the increase of panic sellers. When we say we are "holders" we tend to manage this kind of situation. We've experienced so any red markets before and we use to see the worst drop so why worry? We are long term holders thus we can always set our next target goal for the upcoming bulls.
Others may not stick to the fact that this volatile market will still be good even at it's worst. When they are panic selling, some investors were happy to buy at this dip.
Topic: How many people have been panic selling? I didn't. - page 10. (Read 2055 times)
We could also look it the other way that people might possibly selling Bitcoin because of the pandemic happening around the globe. Not all people are capable to hold Bitcoin for long especially when they are poor and rely on Bitcoin for their needs such as supplies to be ready for the virus.
I think a mostly holders know that Bitcoin would be a high value asset because of the upcoming halving event but, are more concerned for their needs in the time of crisis that it is why they need to sell some of their coins.
I think a mostly holders know that Bitcoin would be a high value asset because of the upcoming halving event but, are more concerned for their needs in the time of crisis that it is why they need to sell some of their coins.
I've contacted a few friends who hold like me. They're all very concerned by the huge drop, but none has sold a single BTC.
We're all holders.
I know it's huge, but I believe the sharp fall in BTC's price has been caused by a very small number of individuals.
Waiting for data...
We're all holders.
I know it's huge, but I believe the sharp fall in BTC's price has been caused by a very small number of individuals.
Waiting for data...
I don't think it's just small numbers, many have panic causing the price to sink below $4k levels.
But as for those people? We really don't know the rational behind cashing out their holdings. If they are true believers of bitcoin, maybe they really fear that it is the end of all crypto and wanted to have it converted to cash, ASAP. But since we have recovered, not the price that we wanted to see, but at least it didn't fall to $3k, but the panic is still in the air though.
I've contacted a few friends who hold like me. They're all very concerned by the huge drop, but none has sold a single BTC.
We're all holders.
I know it's huge, but I believe the sharp fall in BTC's price has been caused by a very small number of individuals.
Waiting for data...
My friends are selling because they want to buy more at a cheaper price and that’s their strategy. For me, I don’t need to sell on this level and instead I will buy again at the bottom so I can have more coins to hold. If you are panicking then its not good at all, sell only if you really need money or if its already your target price.We're all holders.
I know it's huge, but I believe the sharp fall in BTC's price has been caused by a very small number of individuals.
Waiting for data...
I didn't touch my cryptos for now, i have bought more coins because the price is low and looking to hold more for more profit in the future. Panic selling should not be felt by us, we need to control it, emotions will rrally leads us to wrong path so keep in mind that holding is what needs to be done this time and not panic selling.
They're all very concerned by the huge drop, but none has sold a single BTC.
It means that your friends know how to control themselves from panic. And they understand the declining trend won't be lasting. So why we need to sell our BTC? We still have a big reason to hold BTC, it is a halving schedule. Moreover, before the current decline, we saw good news related to Bitcoin adoption and its legalization in some countries. It is enough to be some reasons to keep our BTC. 
We're all holders.
Yes. I also prefer to hold than selling it at a cheap price. I've no reason to trade my BTC now. Unless it is about an urgent need, I will keep all the Bitcoins on my wallet.I believe the sharp fall in BTC's price has been caused by a very small number of individuals. Waiting for data...
Do you mean whales? Actually, we have seen many dumps in the last few months. But the same with you, I've also no data and proofs to show who they are. They are probably whales, traders, investors, or people who have the exchanges. 
I didnt panic sell because its not a wise decision to do in times the market is in bearish trend. But unfortunately many investors did and it was reflecting on the market. I cant blame them for selling, they might be new in crypto and didnt know that this kind of scenario is normal and already happened before. I just want to stay positive and forget for a while the current happening in the market.
I didn't sell because:
- I slept through most of the decline and then it was already over
- I don't keep my coins on exchanges. Even if I saw the decline and wanted to sell it would take 20 min for me to move my coins. The crash was mostly over in 15
- I got my coins for much less than it's trading now so I don't feel any pressure to sell
- I'm not a person who panics. I try to look at fundamentals first. There was no news regarding Bitcoin, no hack, no ban, no flaw in the code. This means the sell off was a manipulation, a whale dump, or both. It was too fast for it to be a normal sell off. Only bots work that fast.
Well, it is time to take advantage of those panic sellers. It for sure, a lot of crypto holders are in the situation of panic selling and we can't stop them either but just letting them think and realize about their doings or maybe they have the reason also why having that. The business must have to continue, they sell and investors will buy that makes the market seems to be alive.
This declining sentiment will only stop if all panic sellers have sols all their Bitcoin and until then, other crypto holders won't drop their bitcoin into the low price but rather to keep it high. Gonna have to wait for another week or more before the market started to recover because I believe there are still a lot of panic sellers around.
This declining sentiment will only stop if all panic sellers have sols all their Bitcoin and until then, other crypto holders won't drop their bitcoin into the low price but rather to keep it high. Gonna have to wait for another week or more before the market started to recover because I believe there are still a lot of panic sellers around.
It's hard to tell how many people has fallen under the influence of panic selling. I don't think there is any data about that but it would be very interesting to see the statistics.
Many people just don't have enough patience to wait for price to recover and can't control their emotions, very often under influence of other who started to panic or fake news. I doubt that we would ever be able to avoid that, there will always be unexperienced users who will panic.
Many people just don't have enough patience to wait for price to recover and can't control their emotions, very often under influence of other who started to panic or fake news. I doubt that we would ever be able to avoid that, there will always be unexperienced users who will panic.
Unfortunately, most markets are manipulated by whales, which then triggers an bot trading avalanche. And whales almost never react emotionally or under the influence of panic selling but with a plan. Do you think the crypto market coincides with the stock market by accident? As I see it, the whales probably estimated that it was a good time to start a market drop and take their profits to re-enter at much lower prices.
Not right if we do panic selling because it is very clear the decline that occurred at least only due to the coronavirus outbreak factor and even the decline occurred in every other market in the world. This is a condition that requires us to be calm right because after all, efforts to restore the market at least continue to be done and other factors that make the price fall hard is possible because of the large correction that is sure to happen before halving, be patient and remain confident to wait until the market the expected bullish come true.
It's hard to tell how many people has fallen under the influence of panic selling. I don't think there is any data about that but it would be very interesting to see the statistics.
Many people just don't have enough patience to wait for price to recover and can't control their emotions, very often under influence of other who started to panic or fake news. I doubt that we would ever be able to avoid that, there will always be unexperienced users who will panic.
Many people just don't have enough patience to wait for price to recover and can't control their emotions, very often under influence of other who started to panic or fake news. I doubt that we would ever be able to avoid that, there will always be unexperienced users who will panic.
I've contacted a few friends who hold like me. They're all very concerned by the huge drop, but none has sold a single BTC.
We're all holders.
I know it's huge, but I believe the sharp fall in BTC's price has been caused by a very small number of individuals.
Waiting for data...
We're all holders.
I know it's huge, but I believe the sharp fall in BTC's price has been caused by a very small number of individuals.
Waiting for data...
I wish we have a data on this but there was movement of incoming funds in the exchange in preparation for the dumps and experts believe that these are coming from whales who are doing panic selling because of what's happening around the world cause by the Corona Virus, it just makes us believe that whales can crash the market and the distribution are not equal.
Good to know, nobody from this board is panicking.
I don't think anyone has sold his BTC to buy toilet paper.
Well, there may be an opportunity is starting a business selling that stuff accepting BTC payments...
I don't think anyone has sold his BTC to buy toilet paper.
Well, there may be an opportunity is starting a business selling that stuff accepting BTC payments...
Why panic sell? If you truly believe in bitcoin then you know that bitcoin will rise above the current market price fairly fast. No reason to sell everything and take a loss. I sell a little here and there when I need to pay a bill or something, but in no way would I just cash out below 6k.
not all but we can't stop the panic!! my friends in the country are locked down because the corona has some selling, they say selling to keep their banknotes in order because they don't know how long their city will be locked down by the state government. I personally can not stop them from doing Panic sell because the current conditions are different.*if you have more savings, now is the best moment to buy Bitcoin
I also still hold the assets intact, despite a drastic decline, but still trying to calm down, especially my goal for long-term investment, so that this incident did not have a major effect on me. I think if only a few people cause the market cap to drop dramatically, this is because there has been no mass adoption
I am never a believer of the panic selling because I know that this is a just a temporary phenomenon and the not that world is ending. Yes the recovery could be a longer than expected or just can even bounce back as it has fallen if quickly the solutions comes in the picture and things may look good as well. Infact this is the time where we are given an buying opportunity as bitcoin is now available at a discounted rate.
I am also not interested to sell my bitcoins at this time until if there is a real need to sell for medical expenses or something like that. But I am seeing many of them were interested to buy bitcoins now in my friends' circle but myself neither tried to sell or buy at this time. Building a strategy form myself to recover from the profit loss for the past few hours.
I've contacted a few friends who hold like me. They're all very concerned by the huge drop, but none has sold a single BTC.
We're all holders.
I know it's huge, but I believe the sharp fall in BTC's price has been caused by a very small number of individuals.
Waiting for data...
I do not really think that such a massive drop is the consequence of a few individuals selling their coins, the panic took over the market but most likely this has to do with the fact this is a highly leveraged market, when the drop began most likely there were many traders that were not prepared for it and probably received a margin call and their positions were closed, this in turn made the price even lower creating a chain reaction that crashed the price, this is the reason why I do not really expect a fast recovery for the price of bitcoin as many speculators were completely wiped out during that crash. We're all holders.
I know it's huge, but I believe the sharp fall in BTC's price has been caused by a very small number of individuals.
Waiting for data...
There is a thought in back of my mind that the dump happen this week was brought by people who always say that they are hodlers. Really, I think people behind hold, hold, hold words are the ones who sold their coins and calling other people panicking, how awful is that? But ok, let's assume that we're all same here, just waiting and keeping the patience.
Most of the people that i know or my friends who buys and invest in crypto didn't sell most of their cryptocurrencies because we all know that sooner or later the market would start to recover again back to it's price from last month. It is also normal for the market to make an ups and downs due to it's volatility, and the sudden drops of the bitcoin's price is also an opportunity to other people who also wanted to buy bitcoin.
Even me contacted some friends if what they are planning, and most answers I got is to hold and wait for the price pump after halving. Well, most of us will surely say that but who stands firm on that? It is a given fact that there is huge chance of the price getting a new all time high when the halving occurs but it seems like the things we got now are little bit off to have that. However we still have month or two left before the halving, so let us not be down because of this.
Most of the people that i know or my friends who buys and invest in crypto didn't sell most of their cryptocurrencies because we all know that sooner or later the market would start to recover again back to it's price from last month. It is also normal for the market to make an ups and downs due to it's volatility, and the sudden drops of the bitcoin's price is also an opportunity to other people who also wanted to buy bitcoin.
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