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 is. You cannot convince people not to do panic selling because it is their own choice and panic selling is just a normal thing when there is a bad news going on in the crypto industry.
Well we can do them to stop selling bitcoin at low price, because they panic because they dont know the loss and the profit behind it, they are not having proper information about bitcoin so they sell at panic we can stop them from doing this mistake by guiding them well and saying them hold with high patience is the only way to contribute making bitcoin price high so I think it will work and they will surely understand it, so we should help our bitcoin form abstain it selling at panic, so price of bitcoin will never get down at all.