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.
Yes everyone knows about it, bitcoin price get down because of high selling and low buying in market o I think it is good to buy at low price and earn high, with it gradually a lot of people are now switching to bitcoin, so I think we should also have patience and dont sell it at any cost because bitcoin will increasing after holding even for very small interval of time, the more we will hold the more price will increase so keep on holding dont sell at panic.