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Topic: Panic selling can contribute to bitcoin price going down? - page 16. (Read 2567 times)

jr. member
Activity: 210
Merit: 1
it is very influential on the stability of the value of crypto, just like the bank, if everyone pulls all their money then the bank will be destroyed, and if it happens to crypto then its value will fall
sr. member
Activity: 756
Merit: 250
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.
A combination of factors, including this one, can affect the price of bitcoin, but not everything depends on the small holders of bitcoin, since large capital or many holders are needed to influence the price of the coin with the largest capitalization.
sr. member
Activity: 1638
Merit: 425
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.
Basically, selling due to panic is indeed contributing to the market dumps. Selling makes the demand low which negatively affects the market value of a certain crypto. Now that many people and investors are selling at this point because they are afraid that ptice might fall even more, we should not be surprised about the things that are happening in the market.
jr. member
Activity: 238
Merit: 1
maybe it could happen, but why panic?
It's only natural that bitcoin drops because bitcoin is the electric money and assets to invest. So wait till bitcoin rise back believe me there's definitely time for bitcoin to go back up.
sr. member
Activity: 980
Merit: 255
If you sell in panic now, you probably should not invest again. Bitcoin is a coin with a high volatility, this means it moves up and down quickly. Personally I use these times to accumulate (buy more coins). You should always have a strategy before you invest in anything.
What you are suggesting is not bad, in fact I think it is a relatively good advice but the problem is, that those that already know that information do not really need that advice since they are already practicing those strategies, and the ones that could make use of those strategies and that advice will probably not hear it, because they have no strategy other than buy bitcoin and hope for the best and while bitcoin can give great profits even to amateur traders the truth is it can give huge losses as well especially if you buy at the wrong time like many people did in the previous year.
legendary
Activity: 2716
Merit: 1017
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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.
Indeed It is true panic selling could have an impact on the price down especially if this is done by the crowd will definitely make the price of bitcoin dropped. The cause of this must be based on bad news about bitcoin which makes people afraid if something bad happens about bitcoin. Convincing them will be hard because panic selling happens to those who feel it but my personality is more to keep believing in bitcoin because from year to year bitcoin prices will keep going up and as long as this currency is still there it will be fine.
full member
Activity: 602
Merit: 101
http://scientificcoin.com/
Price bitcoin in the next few years will not be able to go down $ 5000. This is impossible because miners at such a price will work at a loss, so bitcoin will just stop, no one can process transactions. There will be ups and downs, but the global trend will be bullish

Well, maybe a price under $5000 could demotivated miners but holders can sell bitcoins at a much lower price. Also miners, if they are confident in the future, could continue to work at a small loss waiting for next bubble.
full member
Activity: 462
Merit: 100
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While itnisntrue that panic selling contributes to anlowrr price in bitcoin. It creates a surplus of supply of coins in the market readily available for evevryone to buy. Since thenprice is low, people like me take advantage of this and buy what we can. Butnif we want a stable coin, we should hold
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Yes and it is impossible to convince those people because it is their money and you shouldn't stick your nose on those kind of things. It is their responsibility and right to do whatever they want on their coins and you should somehow thanked them for the opportunity of the decreasing price cause it is the best buying option.
Yup, we should just let them to dump if they want to dump their coins and what we should do is to wait for the right time and after that then we should just get into the market and buy those dips that they caused for the market and hold it and replace their position with ours and that will become the reason for us to make a lot of profits because there are panic sellers.
newbie
Activity: 160
Merit: 0
Panic selling will only reduce the price of bitcoin in a short period of time, and the pessimistic sentiment of the market is the root cause of the decline in bitcoin. This is closely related to the investment policies of bitcoin in various countries.
newbie
Activity: 33
Merit: 0
Price bitcoin in the next few years will not be able to go down $ 5000. This is impossible because miners at such a price will work at a loss, so bitcoin will just stop, no one can process transactions. There will be ups and downs, but the global trend will be bullish
sr. member
Activity: 672
Merit: 250
Any amount you sell during low time of bitcoin really does contribute into more dip of the price nd sadly we cannot control people not to sell during red days because that is how they manage there investment. One thing we can do if we know this is not to participate along with them and just keep what we can keep and believe until the time we profit a lot for believing in Bitcoin.
Indeed, people who tempt to join the sell of their bitcoin with the price range lower than the current price could definitely affect the dip or the sudden dump of bitcoin price on the market. And most of people who join through this selling are those who badly need money or the people who wants to waste opportunities for them to earn more or to gain more profit in the near pump of the price of bitcoin. Yet, we could conclude that this state of bitcoin market also helps the price of bitcoin to balance and to have a good system in transactions.
full member
Activity: 448
Merit: 100
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Yes and it is impossible to convince those people because it is their money and you shouldn't stick your nose on those kind of things. It is their responsibility and right to do whatever they want on their coins and you should somehow thanked them for the opportunity of the decreasing price cause it is the best buying option.
sr. member
Activity: 434
Merit: 251
Panic selling is very bad because demand on bitcoin decreasing and it means that price decreasing too. Usually market recovering more than 3 months after big dumps.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
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.

We don't have to convince anyone in anything, let them do what they want. It has been proven that they can't kill Bitcoin completely with panic selling of any scale. So you can relax and use the situation to your advantage. I think many people used the opportunity to buy BTC below $8,000 recently, and I think they were more than right in doing so.
full member
Activity: 770
Merit: 126
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.
jr. member
Activity: 196
Merit: 1
I need some opinion if panic selling can contribute to rapidly drop of the bitcoin price. If it is right how can we convince the Bitcoiners to not doing the panic selling?
Yes, of course, this is very clear. A trader who sells Bitcoin in a state of panic will definitely make the price of Bitcoin getting down drastically. They sell Bitcoin in a frenetic way because the price of Bitcoin goes down and is afraid of not being able to rise anymore and then they will get huge losses. And finally, the way out they sell all the Bitcoin they have and cause the Bitcoin price to drop drastically.
sr. member
Activity: 686
Merit: 250
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 sell indeed is a scary thing because at one time there will be many people who do sell Bitcoin so that it will only make things worse. An example is when the price of Bitcoin decreases then there will be many people trying to sell Bitcoin on the grounds that they do not want to experience a much greater loss. But it can actually lower the price of Bitcoin because more people will sell than those who buy it. This can be said to be a demand factor and when demand factors decrease then prices will also decline.
newbie
Activity: 126
Merit: 0
Yes, panic selling could greatly influence the price dumping but we can't force the bitcoin owners not to sell their bitcoin, it is their decision and it is their money. We could help bitcoin to spread awareness to people and the great advantages of having bitcoin for faster mass adoption.

newbie
Activity: 112
Merit: 0
If you sell in panic now, you probably should not invest again. Bitcoin is a coin with a high volatility, this means it moves up and down quickly. Personally I use these times to accumulate (buy more coins). You should always have a strategy before you invest in anything.
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