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 true. Panic selling can contribute to bitcoin price going down. if many people sell bitcoin togeher, the supply will high.
The type of a right investor is not easy to panic, when the price drops then they actually buy more, I think we have a lot to learn from the success stories of shareholders and bitcoin holders, they never panicked and assume that whatever happens can always get a profit.