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Author Topic: Why do people panic and sell their bitcoin when it falls in value?  (Read 12401 times)

Offline Gurujebs

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #315 on: April 15, 2024, 09:37:20 PM »
The fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.

As long as we don't give people the money they used to buy bitcoin, we can stop them from taking profits, beside we have our own ways of making profits from Bitcoin, some people will hold in every season no matter the bad news and some people will buy and sell as the news come and go and we have traders that daily trade even without any news. Profits is profits after all and even people that are doing the longer hold of Bitcoin will eventually sell one day.
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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #315 on: April 15, 2024, 09:37:20 PM »

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Offline rizqillah

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #316 on: April 16, 2024, 06:12:42 AM »
The fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.

As long as we don't give people the money they used to buy bitcoin, we can stop them from taking profits, beside we have our own ways of making profits from Bitcoin, some people will hold in every season no matter the bad news and some people will buy and sell as the news come and go and we have traders that daily trade even without any news. Profits is profits after all and even people that are doing the longer hold of Bitcoin will eventually sell one day.
People who buy Bitcoin and hold it for a long time, no matter whether there are increases or decreases or whether the news is good or bad, they still hold it. and there are investors who trade with bitcoin, buying when it is cheap and selling when they have made a profit. There are many ways to make profits in crypto
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Offline koang

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #317 on: April 16, 2024, 09:32:28 AM »

As long as we don't give people the money they used to buy bitcoin, we can stop them from taking profits, beside we have our own ways of making profits from Bitcoin, some people will hold in every season no matter the bad news and some people will buy and sell as the news come and go and we have traders that daily trade even without any news. Profits is profits after all and even people that are doing the longer hold of Bitcoin will eventually sell one day.
People who buy Bitcoin and hold it for a long time, no matter whether there are increases or decreases or whether the news is good or bad, they still hold it. and there are investors who trade with bitcoin, buying when it is cheap and selling when they have made a profit. There are many ways to make profits in crypto

Crypto investment is a new alternative that challenges conventional investment methods. It has proven to be an attractive asset for investors as it has been around long enough to gain recognition and support.
Bitcoin offers high return potential and fast growth potential compared to gold.
And yeah, There are many ways to make a profit in crypto, but crypto also carries greater risks, the decision to invest depends on investment goals, risk tolerance, and individual preferences.

Offline Uruhara

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #318 on: April 16, 2024, 09:33:47 AM »
People who buy Bitcoin and hold it for a long time, no matter whether there are increases or decreases or whether the news is good or bad, they still hold it. and there are investors who trade with bitcoin, buying when it is cheap and selling when they have made a profit. There are many ways to make profits in crypto
Well, if someone from the start has prepared the bitcoins they own for long-term storage or long-term investment. And he is also in good economic condition. In the sense that he is indeed collecting bitcoins with cold money. So of course he will not be tempted to sell no matter whether the market goes down or up. And even good and bad news doesn't make them panic. And there are many types of hodlers like that. For example, recently we have seen a lot of wallets that have been inactive for around 10 years and have become active again. And those who have endured for 10 years can now enjoy the results of their patience with fantastic profits.

Offline IvugeoEvolutionCoin

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #319 on: April 17, 2024, 07:22:47 PM »
Well, if someone from the start has prepared the bitcoins they own for long-term storage or long-term investment. And he is also in good economic condition. In the sense that he is indeed collecting bitcoins with cold money. So of course he will not be tempted to sell no matter whether the market goes down or up. And even good and bad news doesn't make them panic. And there are many types of hodlers like that. For example, recently we have seen a lot of wallets that have been inactive for around 10 years and have become active again. And those who have endured for 10 years can now enjoy the results of their patience with fantastic profits.
That's right, saving bitcoins for a very long time will certainly provide a lot of profit. If you want to save it for the next 10 years it will give you a lot of profit, I am sure that in the next 10 years the supply of bitcoin will run out and will make bitcoin very expensive.

Online yohananaomi

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #320 on: April 18, 2024, 01:26:45 AM »

Bro, I completely agree with you 1000%, it’s bad that not everyone on the forum understands this and doesn’t want to do anything with their own hands, and judging by what they write, most of them just want to buy Bitcoin and wait for some unrealistic price for it, don’t forget about The fact is that the price of Bitcoin is manipulative and one cannot be sure that it will constantly grow by hundreds of percent; even falling and rising is enough for traders, the main thing is that it is constant.
The fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.
This is the advantage of bitcoin compared to others because no one can intervene and move according to trading at any time, so the price cannot be measured and known with certainty. In fact, the more actively bitcoin move, the more profitable it will be for traders to continue selling and buying quickly.That's right, everything must be done yourself by analyzing it well before taking any action, because the profit or loss that will be affected is you yourself, who have the funds, not someone else who provides information that you might consider to be correct.There are many reasons why people are worried about selling Bitcoin when it goes down, but they shouldn't do it now because it is approaching halving.

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #321 on: April 27, 2024, 04:35:36 PM »

Bro, I completely agree with you 1000%, it’s bad that not everyone on the forum understands this and doesn’t want to do anything with their own hands, and judging by what they write, most of them just want to buy Bitcoin and wait for some unrealistic price for it, don’t forget about The fact is that the price of Bitcoin is manipulative and one cannot be sure that it will constantly grow by hundreds of percent; even falling and rising is enough for traders, the main thing is that it is constant.
The fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.
This is the advantage of bitcoin compared to others because no one can intervene and move according to trading at any time, so the price cannot be measured and known with certainty. In fact, the more actively bitcoin move, the more profitable it will be for traders to continue selling and buying quickly.That's right, everything must be done yourself by analyzing it well before taking any action, because the profit or loss that will be affected is you yourself, who have the funds, not someone else who provides information that you might consider to be correct.There are many reasons why people are worried about selling Bitcoin when it goes down, but they shouldn't do it now because it is approaching halving.
If the price of bitcoin falls and has not yet entered the bearish season, it is best to hold until the bullish season occurs. The rise and fall of Bitcoin is due to the manipulative funds of whales. As long as there is no bad news hitting the global economy, Bitcoin will rise again according to its habits in each season
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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #321 on: April 27, 2024, 04:35:36 PM »


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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #322 on: April 27, 2024, 07:27:00 PM »

That's right, saving bitcoins for a very long time will certainly provide a lot of profit. If you want to save it for the next 10 years it will give you a lot of profit, I am sure that in the next 10 years the supply of bitcoin will run out and will make bitcoin very expensive.

Ten years is such a long time you might as well have your children inherit it, there's no guarantee of our lives and there's no certainty, like the pandemic or war.

If you're going to hold that long you must be comfortable with that, but it is better that you still follow the market, there will be some point that you need to sell to be able gain profit when the opportunity is presented.
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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #323 on: April 27, 2024, 08:50:32 PM »
why do people panic and sell their coins throw some light on this topic and share your opinion
Bitcoin price is not stable and we have seen from past history that Bitcoin price dump much more than its ATH but after a long time pump again much more and create new ATH as well.  But it takes a long time but not everyone has the patience to hold the bitcoins until then, so they panic and sell the bitcoins to protect themselves from a major crash. many people do not have full confidence in Bitcoin and sell it in panic. so not everyone's reason for panic selling is the same.

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #324 on: April 27, 2024, 09:50:41 PM »
why do people panic and sell their coins throw some light on this topic and share your opinion
Bitcoin price is not stable and we have seen from past history that Bitcoin price dump much more than its ATH but after a long time pump again much more and create new ATH as well.  But it takes a long time but not everyone has the patience to hold the bitcoins until then, so they panic and sell the bitcoins to protect themselves from a major crash. many people do not have full confidence in Bitcoin and sell it in panic. so not everyone's reason for panic selling is the same.
In fact, those who have been investing in bitcoin and altcoins for a long time understand the movement of the 4-year cycle. Why should we panic if we buy it during a bearish season and hold it for 3-4 years until the bullish season comes. The panic occurs because the money used is not free money, if they use money that is not needed in the near future, they will remain calm when the market dumps.

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #325 on: April 28, 2024, 03:35:54 AM »
In fact, those who have been investing in bitcoin and altcoins for a long time understand the movement of the 4-year cycle. Why should we panic if we buy it during a bearish season and hold it for 3-4 years until the bullish season comes. The panic occurs because the money used is not free money, if they use money that is not needed in the near future, they will remain calm when the market dumps.
What do you mean by free money? we all get money not for free, we have to do quite hard work or maybe quite light work to get money, even small children who get money sometimes have to do activities first and their parents give them money as a form of appreciation for what they have done . So when it comes to money, you have to be careful where you put the money you have.v

Offline milewilda

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #326 on: April 28, 2024, 04:48:10 AM »
why do people panic and sell their coins throw some light on this topic and share your opinion
Bitcoin price is not stable and we have seen from past history that Bitcoin price dump much more than its ATH but after a long time pump again much more and create new ATH as well.  But it takes a long time but not everyone has the patience to hold the bitcoins until then, so they panic and sell the bitcoins to protect themselves from a major crash. many people do not have full confidence in Bitcoin and sell it in panic. so not everyone's reason for panic selling is the same.
If you are a complete noob then you would really be definitely making yourself having that kind of reaction on which it would really be that common but on the time that you do able to make
yourself having that good grasps on how this market works then you would already have the idea on what are the things that you should gonna do on the time that you would really be
making yourself that deal off with these things. Panic is common since we are just humans and we dont like to lose money and this is why we do have this kind of reaction on which this is something
that very normal i should say.

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #327 on: April 28, 2024, 07:09:24 AM »
          -   This is a constant problem for other traders. Those who are in a hurry or have the wrong mindset in their minds. So the result is always panic or fear that they suddenly sell when the price of the coin they hold suddenly falls, thinking that it will continue to fall.

What worries them most of the time is that this is another opportunity for others. That's why, in all aspects, it is really important to learn or know trading first. It's like a baby; you have to have milk first; you can't feed meat or vegetables right away.

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #328 on: April 28, 2024, 07:18:31 AM »
Well, if someone from the start has prepared the bitcoins they own for long-term storage or long-term investment. And he is also in good economic condition. In the sense that he is indeed collecting bitcoins with cold money. So of course he will not be tempted to sell no matter whether the market goes down or up. And even good and bad news doesn't make them panic. And there are many types of hodlers like that. For example, recently we have seen a lot of wallets that have been inactive for around 10 years and have become active again. And those who have endured for 10 years can now enjoy the results of their patience with fantastic profits.
That's right, saving bitcoins for a very long time will certainly provide a lot of profit. If you want to save it for the next 10 years it will give you a lot of profit, I am sure that in the next 10 years the supply of bitcoin will run out and will make bitcoin very expensive.
The Bitcoins obtained by miners during each halving period will continue to decrease. And now large institutions or companies continue to accumulate bitcoins. and it's clear that those of us who let it go easily now will probably regret it 10 years later. But yeah, I also can't blame those who sell when they already make a profit. Because the goal of investment itself is to make a profit. It just remains for us to be strong enough to hold Bitcoin longer so that we hope to get more profits.

 

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