Quote from: bayu7adi on October 08, 2020, 04:33:36 PM

Quote from: Chrystora123 on October 08, 2020, 02:53:02 PM

panic selling usually occurs when whales doing big sales to capture profits and then buying back at a lower price..

the panic happened not just because of the news whales. In fact, the possibility of panic selling is smaller if there is only a transfer of a number of assets from wallet A to wallet B. In fact, people will panic when the development of the project they have invested in turns out to be breaking down. It's a nightmare where the developer doesn't provide clarity on what's going on.
However, to avoid panic deficits, we must be more careful in making decisions. we must be able to understand the situation that is going on when panic occurs. And make sure before investing you have plan A and plan B so you don't get confused

People prefer Gold more than bitcoins.
It still takes a lot of time for bitcoin to familiar with all people around the world. Bitcoin increased $500 in nights due to its violation state, and there's no comparison in gold with bitcoins.
But I know if people came to know how bitcoin helps increase your cash, they'll surely quite using gold and move to bitcoins.