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Topic: Panic selling can contribute to bitcoin price going down? - page 30. (Read 2567 times)

legendary
Activity: 1137
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.

Even how small the dump is, it will affect the flow even at low percentage. But for how rapid it is, it will depend on the effect of the triggering the dump. There are lots of reasons why traders, holders or just an average joes dump their coins and that is based on their own preferences.

How can we convinced them not to do panic dumps? It's out of the context because that is part of the crypto trading system. Like I said there are lots of reasons why people dumps so even we are on a bullish or bearish trend, expect that there's a dump.

Just be used to it and you'll be fine. Smiley

So I don’t see any reason why you should be afraid. It will reach $15000? That it will, just watch and see. It’s already at the rate of $6.7k+.
This trending of price increase makes me feel that investing in bitcoin has never been so safe, but everything can happen in the crypto world.
Price changes very often and it's dangerous sometimes to move funds too often, so I better stay in bitcoin.
jr. member
Activity: 294
Merit: 6
This is true. If a lot of people are just panic selling and dumping so much coins into the market then the price will surely drop because there is not enough demand in the market right now to buy up all the coins being dumped.
sr. member
Activity: 744
Merit: 266
By doing panic selling you automatically become a part of the dump. That is the real intention of the whales - To Make You A Part Of The Dump. Panic selling is a result of anxiety and stress. Every time you see the market fall down you are meant to feel negative as trust is the biggest con of this market. So, by doing so, you are actually helping the whales eat a big chunk of the money. I could advice you to not become a part of the dump by HODLING our coins and not selling them, but human brain is susceptible to negativity and it just happens. A person feels hard to control his emotions during the dump.
hero member
Activity: 3052
Merit: 606
It is completely correct that panic sell contribute to decrease the btc price because when panic sell start then supply is higer than demand as result the price comes down.To buy and to sell is personal matter of a investor so I think there is nothing we can do to avoid panic sell.
I believe panic selling can really contribute to a more dump in the market price and i think there's no way of convincing others not to do that because it's how they manage their own investments.But as long as they experience loss from their own actions,they will be more wiser not to sell  again particularly when dips are happening.
legendary
Activity: 1330
Merit: 1003
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, so when people panic sell, they are just dumping more coins into the market which already has too much supply and the price keeps dropping.
jr. member
Activity: 182
Merit: 4
Bitcoin prices may find strong support at lower levels, and may recover to hit new highs.We may go down below $5,000 but that does not mean the bubble is bursting.

People who are panic selling their bitcoin are the kind of people who are afraid of losing their investment and it is really one of the contributors of the dropping of the bitcoin price. Actually, we can't convince those people because their mind are really poisoned of the negative issues and FUD coming from the social media. Hopefully there's a positive news about bitcoin so that people are getting interested to buy bitcoin because of that positive news in bitcoin.
full member
Activity: 406
Merit: 121
Bitcoin prices may find strong support at lower levels, and may recover to hit new highs.We may go down below $5,000 but that does not mean the bubble is bursting.
newbie
Activity: 294
Merit: 0
It is completely correct that panic sell contribute to decrease the btc price because when panic sell start then supply is higer than demand as result the price comes down.To buy and to sell is personal matter of a investor so I think there is nothing we can do to avoid panic sell.
jr. member
Activity: 85
Merit: 2
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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.

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.
member
Activity: 686
Merit: 39
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.

Making people panic is way much easier than encouraging them especially those who still beginner in crypto market. It really depends on the news. You might be able to convince one-two people but fud news can affect thousand people.
full member
Activity: 406
Merit: 100
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.
full member
Activity: 546
Merit: 122
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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.
There is a chance that it is because selling simply makes the demand low. The demand is proportional with the market value of Bitcoin. What happens with the demand can be reflected to the price of it. So since such action negatively affects the demand,there's a probability that it can also contribute to the market price crash in Bitcoin. So in order to aboid such thing,holding is advisable.
sr. member
Activity: 1372
Merit: 269
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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.
Since we based the price on demand and supply of the market, panic selling is one of the factor that contributes to drop the bitcoin's price. But I think, FUD news are the reason why panic sellers ignite. Because they are fear to lose their capital, the only way they do is to join at panic selling.
sr. member
Activity: 574
Merit: 251
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 the biggest reason that it dropped so fast, alot of scared litle babies that should not be in investing in the first place and are so clueless that they investment tips from media outlet when its a good time to sell or buy lol , instead of doing some research on their own.
full member
Activity: 429
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.
I agree. Selling will contibute to the dump in the market because it makes the demand low. Bitcoin's market value is proportional and dependent with the demand that it is having or getting in the market such that if the demand is high, it will make the market value expensive and if not, it will yield to market price crash. To sum it up, holding is necessary to do and selling is not.
sr. member
Activity: 700
Merit: 252
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.
if to convince someone not to panic in selling coin is difficult. because the personality of each person is so different so we have to understand them
sr. member
Activity: 1764
Merit: 260
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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.

Yes, panic selling can contribute to the fluctuations of bitcoin but not too much effect compared to the whales when they sell their bitcoins.
For you to comvince bitcoin users not to panic sell, ofcourse you need to educate them about what they need to do when they have their bitcoins and what advice can you give to them for them to earn more money aside from what they hold
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
That is always something I worry and fear. As the market goes down, FUDs will be ready to spread rapidly in the minds of those who invest. Unstable people have the decision to sell to preserve or reduce losses. That's the part that makes the market move lower.
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 are just a small part of this ecosystem. And I do not think they have the confidence to read our words of encouragement and persuasion. Actually, panic has no measure to control.

We are the customers and our opinion does make difference. This market is going to cease forever if the people who is general public stop using it. Don’t underestimate what powers you have got, it is the rule of the market that every single customer matters.

Same applies for the crypto market. As far as the panic selling is concerned, nincompoops are falling prey to this predator. They should stop it so that market could recover.
member
Activity: 200
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.
not just contribute but thats the cause why prices fall's rapidly,imagine how much volume of bitcoin has been sold by panic seller everytime the price seems to drop,and those trolls love to make threads than may cause panic..thats why the secret here is never feel the sell when the value is falling. For us to prevent bigger lost and lessen the effect of fall and contributes a little for future growth
Selling out of any asset results in decline of its value. It is not the case with only bitcoin and definitely, if someone has buy bitcoin at 3k or 4k dollars, hold it until bitcoin touched 20k dollars, why on earth won’t he sell out some of his bitcoin? It was absolutely a golden chance to get hand on huge profits so many people did that. Present dip is actually a chance to buy bitcoin at a low price.
newbie
Activity: 210
Merit: 0
I need some opinion if panic selling can contribute to rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing the panic selling?
Actually, we can not convince bitcoiner to not do the panic selling.
It depends on each individual on the belief of bitcoin.
Panic selling is everyone's choice of bitcoin, which is due to its falling value.
And they rushed to sell it so as not to lose big.
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