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Topic: Panic selling can contribute to bitcoin price going down? - page 22. (Read 2567 times)

sr. member
Activity: 1358
Merit: 259
PredX - AI-Powered Prediction Market
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 you are correct in my opinion if you are affected by market conditions that are doing the selling of loss due to the bad news and you can sell a loss then you also contribute to destroy price, so better hold it until the price back up.
member
Activity: 176
Merit: 10
We cant control or convinced them not to do panic selling. We hve our own minds and strategy here. Let them do what they want.
newbie
Activity: 134
Merit: 0
It seems to sell when panic is the cause also for the declining bitcoin price. Better if you are new in investing better learn first things that may make you panic because it can also cause bitcoin prices down.
newbie
Activity: 93
Merit: 0
Yes, panic seling can contribute the rapid dropping of bitcoin price but this is not the main reason. However, we can not convince Bitcoiners to stop this panic selling habit every time the price of different type of digital currency goes down. If we want to get high profit , much better that everyone should cooperate to do a balance trading strategy. This is my point of view, but we know that it's not easy to happen...
jr. member
Activity: 147
Merit: 2
Panic sells also affect the price down of Btc.When the situation of the market goes bad, everyone goes in a panic.From the fear of the price that if the price drops further,all starts selling.It can't be prevented by anyone, because it's their thoughts.And in the same way, when everyone sells in panic ,the price goes down automatically.
full member
Activity: 658
Merit: 102
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.
The panic among bitcoin investors means that a significant part of them will sell partially or completely their bitcoins. Everyone knows that the appearance on the market of more offers for sale leads to a depreciation of this coin. Therefore, panic directly contributes to lowering the rate of bitcoin. Panic in bitcoin should be very feared when its course will be very significant. Then the emergence of panic will be very likely due to the fact that investors will be very wary of losing their significant savings. Therefore, then any negative information about bitcoin can provoke a real panic and it can provoke either a very significant drop in the rate of bitcoin, or even its depreciation, including for some time.
full member
Activity: 560
Merit: 100
I think panic sales can't make bitcoin prices to fall. because I think the bitcoin price is controlling.
Now like this, many transactions use bitcoin, sell and buy, how do we know the person selling it, sell bitcoin in a panic state? just because they sell when bitcoin prices are down. if they sell, there must be also buy, why when there is a buyer bitcoin the price is also not up? because it's there is a price that controls, so that more investors can get a lot of profits when buying at cheap prices.
newbie
Activity: 77
Merit: 0
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.
full member
Activity: 420
Merit: 100
CAT.EX Exchange
I think the fall in bitcoin prices is not because of panicked sales. More precisely, with the bitcoin price down, it will generate a lot of panic sales. I am more convinced to say that the decline in bitcoin prices is influenced by the number of negative news to bitcoin. I think a panicked sale will have an effect on yourself. And the results may cause losses in each of them.
member
Activity: 308
Merit: 10
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.

Of course , the reason why the market price is dumping is because of traders who are not well knowledgeable about the market and most of them are selling their coins at the lowest price when their coins is melting.
newbie
Activity: 172
Merit: 0
in my opinion I believe hold is another way to keep prices down. and panic is a bad thing to avoid. it is not to blame but when it should be controlled to keep from the great loss.
member
Activity: 238
Merit: 10
dApps Development Automation Platform
If investors bought their bitcoin at a high price, you cannot blame them if they choose to sell it instead of losing profit. I do believe that when there's a panic seller there would also be an interested buyer who believes that buying at it's lower price is the best time for purchasing bitcoin. With this it equalizes or helps bitcoin recovers.
member
Activity: 125
Merit: 10
Yes it does, in addition, any amount can bring dip to bitcoin.
Sadly, we can't convince people to do not go panic selling, because it always depends on them with their decision and thinking.
member
Activity: 238
Merit: 10
Yes it is we cannot other people and blame them in doing panic selling. because you are also afraid when bitcoin selling price starts to decline, when actually the price drop is also a normal thing.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
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.

Unfortunately, you cannot convince all people to invest and then wait as per your suggestion. Different people come with different expectations and they also have different patience levels.
The most to the point answer right here, if one can convince one in trading world to do what that person wants then it's actually called a market manipulation, but the reality is that different people have different thinking. This is what making cryptocurrency market really unique and kinda affected purely by demand of the community not by authority or anyone else.
newbie
Activity: 32
Merit: 0
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.

Unfortunately, you cannot convince all people to invest and then wait as per your suggestion. Different people come with different expectations and they also have different patience levels.
sr. member
Activity: 406
Merit: 251
so rightly, traders who panic can influence price movements on the market, if you think of a way to convince panicked traders, I think that's a pretty hard thing to do alone, because public opinion plays a big role in this, if you come and bring good news and from a convincing source I think they will be able to rethink before selling it, considering the progress that will happen next
full member
Activity: 240
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.
For me, yes. I do really think that the people who do panic selling are really the big contributors why the price is leading into the dump direction that makes us suffer because as long as many people are doing this action, we will be seeing the red marks in the virtual market which is a real indication that the demand is rising at the low price since many people are really waiting for it to grab the opportunity of buying more than what they can afford since it was cheap and affordable to purchase. So if we want not to suffer from this, better cooperate with each other of doing a balance trading ethics in a way that we will not be dumping into very low and not getting hard to purchase at very high. Give and take maybe.
MRY
full member
Activity: 560
Merit: 109
do not panic selling because it will only make the price down and of course will only make you lose, it would be better if you hold and be patient because the price will surely rise again
full member
Activity: 364
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.
Yes you are right that panic selling can really affect the price drop of cryptos that is the reason why weak hands should avoid being a panic seller or else cryptos will be having a hard time to recover that fast. Sad to say that it is so hard to convince others to think the way as we do.


we must stay calm, control the emotions and do not panic selling because it will only make the price more down because many are selling, better to hold and wait for the price will surely rise again
How i wish that everybody would listen and follow with what you said to stay calm and be patient enough to hold and wait. In the way we can be able to help the market to recover.
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