Quote from: alinerusinova on June 11, 2018, 05:17:06 PM

Quote from: Choghonl on June 11, 2018, 02:57:02 PM

How do panic selling affects the market and why does it affects the coins value?

Just imagine - somebody with not a small deposit decide to sell. Everyone see it on charts, every bot get info that price dropped, they started to sell, every trader see that the price is dropping and bots are selling, they sell, other people see that the price is dipping and they decide to sell and buy back lower, and this can continue for a long time. Profit got only the guy with not a small depo, from the beginning Wink

Its effect on coins is usually a sharp decline in prices because supply suddenly exceeds demand. The price may rebound when people start taking coins at a low price. Panic sales happen when investors sell their coins after hearing bad news.