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Topic: Panic selling can contribute to bitcoin price going down? - page 18. (Read 2601 times)

member
Activity: 490
Merit: 28
Panic can make things messy and not what we expect, not just in bitcoin sales.
we can not convince a person not to sell in a state of panic, because everyone has different levels of panic, emotional level, and patience limit.
Yeah panic selling is uncontrollable because we  cannot dictate individual to what to do with their holding but this player is usually a portions in the totality let  say its 20%. The 80 % those big whale who are waiting to buy at low prices.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
We saw this situation last months, everybody tries not to sell knowing about panic sell and all these things, but big players decided to fall down the market,so they have been dropped more and more, and people started to sell in panic way after 40-50% correction
It`s like classic stocks market,it`s normal,but with smaller volatility:)


You are right. While panic selling can really affect the prices of bitcoins, the ones that can really do damage or make the price push up more are the whales or the big time investors in this industry. Which is why small investors like us must know when the right time is to invest, when to take profits and when to buy back to maximize profits and not get eaten by the whales. Every investor owes it to themselves to have knowledge about at least basic trading to avoid being controlled by emotions or hypes.
That is the reason for the investors or traders to invest in themselves and knowledge before getting into the market because if you get into the market even though you are just a newbie and you don't know how to properly do it then there is a high chance that you will not make the best out of it because there is a high tendency that you will just lose because of the lack of knowledge.
newbie
Activity: 182
Merit: 0
Panic can make things messy and not what we expect, not just in bitcoin sales.
we can not convince a person not to sell in a state of panic, because everyone has different levels of panic, emotional level, and patience limit.
full member
Activity: 238
Merit: 100
We saw this situation last months, everybody tries not to sell knowing about panic sell and all these things, but big players decided to fall down the market,so they have been dropped more and more, and people started to sell in panic way after 40-50% correction
It`s like classic stocks market,it`s normal,but with smaller volatility:)


You are right. While panic selling can really affect the prices of bitcoins, the ones that can really do damage or make the price push up more are the whales or the big time investors in this industry. Which is why small investors like us must know when the right time is to invest, when to take profits and when to buy back to maximize profits and not get eaten by the whales. Every investor owes it to themselves to have knowledge about at least basic trading to avoid being controlled by emotions or hypes.
sr. member
Activity: 547
Merit: 250
Of course it does! Why do you think all the people who cannot trade start screaming "HOLD DO NOT SELL" once the price stars dropping Cheesy
member
Activity: 238
Merit: 10
Panic selling does contribute to drop in prices because the market is going down now because there is way too much supply of bitcoins in the market and not enough buyers and demand to keep it balanced.
sr. member
Activity: 574
Merit: 256
Some of the investors which are new to this market usually commits the mistake of panic selling.Whenever there is a drop in the price,they have a feeling that the price will not rise again and they sell their BTC's. Whenever selling is done on large scale,it adversely affects the price and a drop is seen in the price.So people who are freshers should understand the fact that Bitcoin is volatile in nature.If there is a drop in the price then the price will also rise.They should believe in it's potential of recuperating from such drops and rising to new heights.Instead of committing the mistake of panic selling they should rather consider this price drop as an opportunity to invest in it more.
full member
Activity: 434
Merit: 117
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 sellers can dump more the price of the bitcoin. You should not panic even if the price of the bitcoin is going down because panicking has big effect in our emotions. We can't make wise decision if we will panic.
member
Activity: 200
Merit: 10
Yes panic selling will lead to the price going down and can lead even to a crash of it. As a matter of fact the only way bitcoin can lose its value is by people selling it and panic selling will lead to a dramatic decrease of the price.

Yes it is. If many of us will withdraw their bitcoin or engage at panic selling it really affects the value price of bitcoin at the market. Selling at a lower price makes bitcoin go down and even us, as a bitcoin hodlers will suffer because our waiting of bitcoin to rise high will be prolong and lengthen. Trust and patience at bitcoin will guides us and will leads us to good profits in future.
hero member
Activity: 854
Merit: 500
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I very much agree to this, when we become impatient, we panic, we let FUDs in, the next thing we do is take actions that we don't think much about, we become impulsive and do things just because we think we need to do something. For all we know when we sell during the time that everyone is panic selling then we contribute to the reason why the price is trending down. We add to the reason why we are so problematic to begin with. We join the problem and not be a part of the solution.
We can't change it every market there is always a panic seller, in this kind of cryptocurrency the impatient and the one who doesn't learn out from this mistakes will be suffered in lossing. If you learn in your own thats great as there is no friends here that you will think of its about future and your own money.
newbie
Activity: 210
Merit: 0
I very much agree to this, when we become impatient, we panic, we let FUDs in, the next thing we do is take actions that we don't think much about, we become impulsive and do things just because we think we need to do something. For all we know when we sell during the time that everyone is panic selling then we contribute to the reason why the price is trending down. We add to the reason why we are so problematic to begin with. We join the problem and not be a part of the solution.
staff
Activity: 3206
Merit: 575
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Panic selling would only cause the price of bitcoin to drop for a short period of time in the crypto-currency trading market, because there would still be investors who are planning to hold their bitcoins in their wallet for long term investment purpose, it would also be better to hold your bitcoin until the trading market recovers.
hero member
Activity: 1008
Merit: 500
We saw this situation last months, everybody tries not to sell knowing about panic sell and all these things, but big players decided to fall down the market,so they have been dropped more and more, and people started to sell in panic way after 40-50% correction
It`s like classic stocks market,it`s normal,but with smaller volatility:)
If all the whale sold all their assets so of course the price will going Down, in follow the panic sellings among small traders. But the sellings panic can also give us a positive side, we could buy the assets at low prices.
member
Activity: 516
Merit: 38
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.

Yeah i think it will be part of dropping price for bitcoin but its not the main reason. People doing panic selling was also affected by the price drop. Its not easy for us to convince them to not doing panic selling. But we can just give them some knowledge and strategy to avoid of big loss.
The only thing which greatly effects the market value of any of the crypto coin is the demand of that coin in the international market. If the demand is higher, the market value will rise higher and vice versa. At time when the market value starts dropping down, most of the newbies get panicked and that they make a move and sell all their coins which result in loss to them as well as it also contributes in bringing the market value of that coin more down.
legendary
Activity: 861
Merit: 1000
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.
full member
Activity: 294
Merit: 100
We saw this situation last months, everybody tries not to sell knowing about panic sell and all these things, but big players decided to fall down the market,so they have been dropped more and more, and people started to sell in panic way after 40-50% correction
It`s like classic stocks market,it`s normal,but with smaller volatility:)
full member
Activity: 322
Merit: 100
Yes panic selling will lead to the price going down and can lead even to a crash of it. As a matter of fact the only way bitcoin can lose its value is by people selling it and panic selling will lead to a dramatic decrease of the price.
member
Activity: 300
Merit: 10
I think that maybe those who sell saturates the market with bitcoins which become larger and, accordingly, leads to a decrease, my personal opinion
sr. member
Activity: 952
Merit: 274
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 it does! Panic selling can contribute to bitcoin price to go down. Panic selling is also the reason why many traders are losing their money. We can make more wise desicion if we will not panic.
sr. member
Activity: 462
Merit: 306
it is not my first choice but if the community makes panic sell, I can wait more time as a mandatory.
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