Topic: Panic selling can contribute to bitcoin price going down? - page 29. (Read 2601 times)
Of course it does. And that is going to be the case for a loong while because of the recency of Bitcoin. It will take a lot of years for people to have faith in bitcoin and for Bitcoin to hold through the adversities. This process will go hand in hand with each other. But it's unrealistic to expect any of that anytime soon, this could go decades in making. So hodl on till then.
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 is the main reason of why the price of bitcoin crashes, the problem is there is not much we can do in order to avoid this, after all one of the main reasons of why many people invest in bitcoin is to have complete independence from any other party which means we cannot really say to them what they can do with their money, if they want to sell then they have the right to sell those are their coins after all, however not everything is bad if they sell their coins for such a bad price you can take advantage of it and buy those coins from them. Uuhm… I don’t think that will be true, but if does happen it would be just a little influence on the price and wouldn’t be much, and the little influence will take place when, let me just guess, about one hundred people withdraws. In business like this, there are people (especially Billionaires) who are considered as the main investors and they are the ones whose investments can drive the price a long way, either down or up. Our own investments doesn’t do much in affecting the price.
Well for me it is true because the price use to get high and get down with the each and every investment and every withdrawing or the panic selling. If more people will sell bitcoin then the market demand of bitcoin will decrease because the supply will be high but if more people will ask for bitcoin but bitcoin will be short then the price will increase so I think yes the panic seller play vital role to make the price of bitcoin down.
In my opinion, the hype is one of the major factors for the price drop. I can introduce a quick story of TRON, for example. We probably all remember how TRON was massively pumped and promoted by the media informators. The CEO of the company was constantly posting posts like "TRON to the moon", "We are the best", "we are the next Bitcoin". All of these factors contributed to the hype and the coin grew up to 0.25$. And at that time a scandalous event happened: the CEO of TRON sold all of his tokens, which was like 7 billion, don't really remember. And the negative hype got the coin all the way to 0.03$. Many people lost their money due to that hype of selling TRON, which could be easily avoided by just not spreading the negative news.
I need some opinion if panic selling can contribute to rapidly dropping 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. If we panic and sell Bitcoin at low prices it is definitely Bitcoin prices will go down and will rise in a long time. Therefore when the price of Bitcoin down we should not sell Bitcoin we have, just if we have the capital we must buy Bitcoin as much as possible at low prices. How to convince it is very difficult but essentially if they really believe in Bitcoin surely they will not panic.
This usually happens when panic during the sale causes a sharp drop in the asset. This is what traders count on when speculating.
Yes it surely affect the price,
Beceause you are decreasing the demand for crypto,
And we all know that the crypto price is only by it's demand.
Beceause you are decreasing the demand for crypto,
And we all know that the crypto price is only by it's demand.
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.
Its simple, if the price drop then it was because of a large selling order already made if not then how come a price can drop?? Rather than catching a falling knives or even holding the door for the masses, its better to go with the flow. You can't do anything to convince the masses not to selling because who will hear the word of a nobody? If you really trust in the development of bitcoin and didn't invest more than you can make then you should be fine. 
Of course it will provide contribution for the price of bitcoin to go down because if the people will continue selling their bitcoin because they are in a panic mode then they will help the dumpers to increase the supply and when the supply is higher than the demand then the demand will adjust and it will push a lower price for bitcoin.
Even the small amount of bitcoin that goes to panic selling are contribution to the price drop happening right now. If you add those amount the result is a huge impact to the crypto market, so don't do what others told you about panic selling instead continue your work of holding bitcoin because I know the bitcoin pump is near at it can happen anytime of the year. When you step in crypto industry you already know that all the things here are unpredictable especially bitcoin that is the foundation of all coins in the market.
Entering to the market is a good step for a person but with knowledge. If a person has no knowledge it means that he is entering for loss as you need strategies and planning while entering into business like Bitcoin. If that person asks what to do now the price is going down means he has no knowledge and do not know what to do now? It is totally irrelevant. Do not be panic due to the low price just wait while the price goes high. Selling Bitcoin at low market price is harm to the value of Bitcoin that will result is more low prices.
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 sure it is. A lot of people that bought in December or January, when the market crashed started to panic sell, also due to all the bad news released in the last months. I don't think there's something we can do to avoid such behaviour, especially from newbies.
i think technically its near to c it ...... look at the chart
bitcoin down trend to 3000
the down trend will confirmed under 5800$
https://www.mql5.com/en/charts/8532638/btcusd-d1-ingot-brokers-australia
bitcoin down trend to 3000
the down trend will confirmed under 5800$
https://www.mql5.com/en/charts/8532638/btcusd-d1-ingot-brokers-australia
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.
thats one big effect because it's simultaneously,this is an action of how many weak people here that may cause un estimated amount of bitcoins,we don't just value the countings how many of them are doing this every time some falling price happens..thats why this weak handed humans must not consider as investors because they just want to take income withouts a risk..things thats not fair because most of us risked our funds just to wait and see how bitcoin recover from the dip while them are just selling bitcoin in just an instance whenever they wanted too Uuhm… I don’t think that will be true, but if does happen it would be just a little influence on the price and wouldn’t be much, and the little influence will take place when, let me just guess, about one hundred people withdraws. In business like this, there are people (especially Billionaires) who are considered as the main investors and they are the ones whose investments can drive the price a long way, either down or up. Our own investments doesn’t do much in affecting the price.
Selling out and buying do affect the price of any asset so it is not possible that such action won’t affect bitcoin.Whenever a large amount of bitcoin is bought, it increases its value due to high demand and scarce supply. Similarly, selling out decreases the price and panic selling out brings what the whole digital market is facing now, a dip. But these changes are important. 
Uuhm… I don’t think that will be true, but if does happen it would be just a little influence on the price and wouldn’t be much, and the little influence will take place when, let me just guess, about one hundred people withdraws. In business like this, there are people (especially Billionaires) who are considered as the main investors and they are the ones whose investments can drive the price a long way, either down or up. Our own investments doesn’t do much in affecting the price.
Uuhm… I don’t think that will be true, but if does happen it would be just a little influence on the price and wouldn’t be much, and the little influence will take place when, let me just guess, about one hundred people withdraws. In business like this, there are people (especially Billionaires) who are considered as the main investors and they are the ones whose investments can drive the price a long way, either down or up. Our own investments doesn’t do much in affecting the price.
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's true that panic selling affects bitcoin price but it won't be easy telling those who do that to stop. Actually, they all have their different reasons for doing that 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 price bitcoin depends on many factors and panic among traders including .. But not everything depends on us, there are big players who specifically reduce prices that will buy bitcoins at low prices and in the future to make a profit.
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 also make the bitcoin price going down too and i think it's really hard to convince people to not doing panic selling. I mean it is their coins and they have full control of it, especially when the bitcoin price going down, most people will panic and playing safe by sell their bitcoins.
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 rapid drop of bitcoin since I observe and I think that bitcoin drop is because of big holders of bitcoin they sell all their bitcoin so that bitcoin will go down and it will be the time that they can buy again bitcoin and they will wait until it go up again then they will drop it again. That is the strategy of big holders of bitcoin.
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