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Topic: Panic selling can contribute to bitcoin price going down? - page 13. (Read 2601 times)

member
Activity: 133
Merit: 10
Blockchain with solar energy
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 selling can contribute to the bitcoin price dropping. So for now bitcoin is going rise again because many people buying bitcoin now so when many people is doing panic selling because bitcoin price is high there's a big possibility that bitcoin price is dropping badly. So don't do panic selling.
jr. member
Activity: 53
Merit: 1
Yes a panic sale can also cause the bitcoin to decrease. not just panicked sales that can cause the coin to decline but also the issue and because that person again needs funds that can not be avoided to sell the coin .
hero member
Activity: 644
Merit: 500
When the numbers of people that want to sell bitcoin becomes higher than the numbers of buyers definitely bitcoin value will depreciate and that is the implication of panic selling.
One of the most important factor which contributes a lot in deciding the market value of any of the crypto coin is its demand rate in the international market.

At time when most of the sellers decide to go for selling of their coins, then this result in the decrease in the demand of that crypto coin in the international market due to which the market value of that coin starts dropping down. Panic selling is the worst thing to do.
hero member
Activity: 1190
Merit: 541
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 and somehow they affecting the price of bitcoin , the panic sellers will contribute a lot either positive or negative impact to the market volatility.

We can't convince but we can change their perspective , such as not believing on fake news something like that , but then again it's their decisions not ours.
One of the biggest dilemma of the crypto market is that at time of the panic selling, it is not only the seller who is suffering the loss but it is also the market value of that crypto coin which is being affected and that because of this, the market value of the coin drops down.

Most of the newbies find it very much difficult to hold their nerves and that they go foe selling of their coins at much lower rates which is not a good decision in anyway.
newbie
Activity: 123
Merit: 0
I think yes. Panic selling can contribute to price down in the market. But its hard to convince other not to panic selling because they don't want to lose their money it always be their choice what to do.
full member
Activity: 434
Merit: 103
Like any other security, currency etc Bitcoin is effected by supply and demand and the invisible hard of the market.  The price is what the market agrees its value to be at any given point in time.  There are no specific bitcoin inputs but more basic economic principles that are at play.  Just like if a company has a bad quarter and their stock price goes down Bitcoin can be effected by a lower price with bad news and a higher price with good news.  Its all up to the hand of the market!
sr. member
Activity: 1274
Merit: 278
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.
Selling do usually makes the demand low and doinh such thing during the market downfall would just make the situation worse and would just result into huge profit loss. That is also why holding is necessary. Market dips are just temporary and practically,holding and waiting until the market recovers would more likely result to profit.
jr. member
Activity: 150
Merit: 2
Sales of small investors are not enough to move the market. Obviously, in case of general panic there can be an influence, but the panic is rather the consequence of the collapse of prices that vice versa.
copper member
Activity: 168
Merit: 0
If the markets are going up and down then  panic selling is too common but you must hold.
sr. member
Activity: 448
Merit: 281
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.

Panic selling make the market be red. Yeah, you can convince to us, but you can't convince to all bitcoin holder. Let things happen naturally. You can't stop bitcoin falling. And we better not persuade them, because they can blame you for losing their money. Their money, their own ways.

The value of any asset boosts up when it is embraced by many people or at a very large scale. Similarly, whenever a coin is ditched due to whatsoever reason, it becomes available in larger number so the market cap goes down. Now bitcoin possess the most fluctuating nature due to which the impact of selling out is more than what is expected. However, it is essential for trading.
newbie
Activity: 112
Merit: 0
Yes, panic selling can in a way caused the bitcoin price to go down. But even if this is true, we cannot and will never convince other people to not panic and sell right away. It is their own choice and their own coins or money, so we cannot say they should or they should not do panic selling.
full member
Activity: 378
Merit: 100
I think if just 1 or 2 person do panic selling, this is can't contribute to bitcoin price going down, panic sale there maybe several reasons, such as urgent need of money and fear if the price of coins getting down. if it does't have an urgent need, I think people will rarely sell when prices go down, because they know it will be a loss. can't force others to not do panic sale, because everyone has their own needs.
member
Activity: 182
Merit: 11
We can't do anything when panic sale is coming. We can wait only for right price. Because our circle is limited. Sale comes at international level.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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.
Well yeah in your question there is a fact that panic selling of people can be leading to going down of the bitcoins value. The investors/traders should not panic selling because if they are really studying the price of bitcoin they will know that it will comeback to the highest price.
Yes that's right because if we have a proper study and knowledge about bitcoin price we didn't move easily at the market because we know that bitcoin can recover anytime and reach new all time high that can give us a huge profit in the future. Those panic sellers are the people who only join in the flow of market on which they don't have enough study that cause them lossing a money and a chance to earn a good profit because of the prices falling down on which they didn't expected and make the price continuously falls down due to panic selling of those people.
member
Activity: 171
Merit: 10
It seems to be correct. Selling will make the market demand low so obviously it also has a negative impact to the market value of any crypto including Bitcoin. Don't make it worse, be patient. Whenever the market is in red, patience is needed
member
Activity: 350
Merit: 12
This is what is told to us; in reality, the price movements are determined by the whales more (perhaps acting in agreement with each other) than by small investors, who do not have the power to influence the market.
newbie
Activity: 98
Merit: 0
That's right, if all the bitcoin owners panicked and then sold it simultaneously. So bitcoin prices will drop drastically, because surely everyone will compete to sell it at the cheapest price.
full member
Activity: 322
Merit: 100
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.
Well yeah in your question there is a fact that panic selling of people can be leading to going down of the bitcoins value. The investors/traders should not panic selling because if they are really studying the price of bitcoin they will know that it will comeback to the highest price.
MDQ
newbie
Activity: 14
Merit: 0
As you say, bitcoin users who sell large amounts of bitcoins will greatly affect the value of bitcoin copper, at which time the bitcoin will go down very quickly. In my opinion, in order to limit the situation, I think that you have to look at the bitcoin first, besides, it depends on the objective factors, such as the media, the government and the social network. ..
jr. member
Activity: 196
Merit: 1
It is simpliest way to dump price, it often haappens that bounty hunters will get their tokens and go on selling them immidiately.
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