What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Panic selling can lead us to lose our money. When I am a beginner in the trading world, I always got panicked when I saw the price of my altcoins. It is also the reason why I lose some of my money. We should not panic if we are doing trading.