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, if everyone sells a lot of money then surely the price will decrease because once the demand for more than the demand is bought I think not only the electronic money but all other things will also decrease.
Topic: Panic selling can contribute to bitcoin price going down? - page 5. (Read 2567 times)
It could be because when one decides to sell his bitcoin out of fear and panic because of the possibility of losing it because the price drop and so they sell it..and other pumps and in the end those who buy it are the ones who benefit the most.
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.
Hi there btcwashu! Yes of course. Panic selling can result the price goes down. Mostly if there is bad news regarding on the cryptocurrency, Most of the people are immediately sell their coins at any cost. They are afraid to lose big amount, and they don't trust their chosen currencies. If you really know your coins, you distinguish what the capability of it. We cannot remove them to panic, but we can use our skill and knowledge to avoid the panic selling.
Certainly, the emphasis, or even the telling, is a very important issue that people need to be trained in. Because now panic sales lead not only to the owners but also because of the bad advertisement, the new investor also takes a negative view of the 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 panic selling is one of the factor that can contribute of rapidly drop of bitcoin price. It's hard to convince people who were panicking since we have our own beliefs we followed but orienting them by an expert about what happen next with bitcoin after the drop of bitcoin.
Any panic selling is one of the main factors that Bitcoin is falling down. People think that they should get rid of the crypto, which seems to them a bubble.
It is certain that a trader's panic will result in a coin exchange rate in bad condition so that condition can make a trader disappointment when investing either short or long term.
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, panic selling can contribute to bitcoin price going down. If majority people do panic sellingn, It will effect the market demand is going down, because the supply is high.
There is no benefits following panic sell on market, and what we get is lossing on our account. Better stay calm when peoples on market got panic with their portfolio, and i am believe holding our crypto as long term investment is good option.
Panic sell can bring market cap drop and make people lossing trust, better we avoid it
Panic sell can bring market cap drop and make people lossing trust, better we avoid it
panic selling can make price dropping. we can not convince them to not make panic selling. it depends on them whether it can hodl when it loses or sells at a loss
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.
Indeed true. Selling during the market downfall will just make the situation worse because the demand is being pulled down. The demand is proportional with the market price of Bitcoin so whatever happens with the demand will reflect to the price of Bitcoin and vice versa. That is also why holding is a more necessary thing to do whenever dips are taking place.
They really contributing to the price, but if we really believe in bitcoin and how it truly works then we should nothing to worry about besides dropping of the price will bring opportunity for us to buy again and to sell again when the price goes up, we should keep that in our mind don't panic.
There is no doubt that one of the main reasons for the collapse is the previous mad growth. The same speculators who break up the rate of bitcoin from $8000 to $19000, at the first signs of anxiety begin to sell immediately. The main problem is precisely this: the initiators of panic are just speculators who do not have the faintest idea about blockchain technology.
I've certainly been told that the worst thing to do since the beginning is panic sales and purchases. Now, besides harming people, these kinds of movements that are really done together cause people who are harmed to fall down on the bitcoin because of the negative opinions they tell. It just does not stay with it and it stops in front of new investments. The thing to do is simple, but the first entrants do not understand it without experiencing it. I'm afraid of panic sales if it's too small. I hope everyone wins ...
Of course panic selling can contribute decreasing of price, it's easy to understand because when people selling their bitcoin cheap, demand on crypto decreasing for a while and price also decreasing.
Selling it's a most trade and I think it's not a result of panic,they problem is that much investors are need because with other coins investors are now divided.
If many users are panicked and sell bitcoin then automatically make the stock becomes larger so the price will decrease, in this condition of course we have to be patient so that we can get big profit someday.
but with the bitcoin price down it could be for the chance of investors also to buy lots of bitcoin to be an investment that can make bitcoin prices start back up again. because many are buying bitcoin for sure if bitcoin prices go down 
There is no way to convince everyone or change the way they look at it. What we can do is try to prove that there are fake news that being spread and we need to filter the information that we get.
We should try and dispel any false rumors whenever we can so that people don't go and sell their bitcoins in bulk which will then make the value go down even lower. Not every investor is as resolute as we all are.
it was very hard to convience pople to doing what they want because that their money ofcourse, all we need to do just to prevent not going worse any way buy not selling it too
Indeed true. Selling during the market downfall will just make the situation worse because the demand is being pulled down. The demand is proportional with the market price of Bitcoin so whatever happens with the demand will reflect to the price of Bitcoin and vice versa. That is also why holding is a more necessary thing to do whenever dips are taking place.
There is no way to convince everyone or change the way they look at it. What we can do is try to prove that there are fake news that being spread and we need to filter the information that we get.
We should try and dispel any false rumors whenever we can so that people don't go and sell their bitcoins in bulk which will then make the value go down even lower. Not every investor is as resolute as we all are. Jump to: