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, of course, this is very clear if sales are done with a panic heart will definitely cause the price of Bitcoin decreased. Those who panic because they buy Bitcoin with high prices and see the state of Bitcoin prices decline, then they think then get bigger losses continue to end up selling their Bitcoin at a low price. If they fully believe in Bitcoin and believe in the technology, I'm sure they will not sell Bitcoin in a panic state.