Why do people panic and sell their bitcoin when it falls in value?

[legend45]

When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

The best time to buy Bitcoin was when it was reduced to 57k$ but now it is again higher like that of 66k$ therefore try to wait for the best time to buy more Bitcoin if you have already bought some at a lower price.

Price prediction is very hard to make but people are working and collecting their coins when they see the market to be lower in cost and that time suited well for accumulation. Now investors should keep calm if the price goes higher then they will be in profit and if the price goes down then they will have the chance to purchase some more.

Yes, currently the price of bitcoin is rising again and we see the price of bitcoin has returned to $66K, it's best to do a short term, if you have time to trade. if you wait for the price of bitcoin to fall to $57K, it looks like it will need some more corrections. but anything can happen in the crypto space. let's see.

Weekly chart of Bitcoin performs very well this week as it is bullish but yeah anything can really happen along it's path to the next coming weeks and months so that will be exciting to dig into. As you said short term is more profitable this time though some other investors still has their DCA method for a much safer and less stress investment.

I also agree with you, currently the short term is more profitable because it seems the market is unpredictable and it seems that the last few weeks have been very volatile. I don't use DCA anymore because I focus more on trading and short term investing

[0t3p0t]

When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

The best time to buy Bitcoin was when it was reduced to 57k$ but now it is again higher like that of 66k$ therefore try to wait for the best time to buy more Bitcoin if you have already bought some at a lower price.

Price prediction is very hard to make but people are working and collecting their coins when they see the market to be lower in cost and that time suited well for accumulation. Now investors should keep calm if the price goes higher then they will be in profit and if the price goes down then they will have the chance to purchase some more.

Yes, currently the price of bitcoin is rising again and we see the price of bitcoin has returned to $66K, it's best to do a short term, if you have time to trade. if you wait for the price of bitcoin to fall to $57K, it looks like it will need some more corrections. but anything can happen in the crypto space. let's see.

Weekly chart of Bitcoin performs very well this week as it is bullish but yeah anything can really happen along it's path to the next coming weeks and months so that will be exciting to dig into. As you said short term is more profitable this time though some other investors still has their DCA method for a much safer and less stress investment.

I also agree with you, currently the short term is more profitable because it seems the market is unpredictable and it seems that the last few weeks have been very volatile. I don't use DCA anymore because I focus more on trading and short term investing

Wow! That's great! Actually I am practicing trading right now especially futures but unfortunately I think I need more knowledge about how to get in and get out as early as possible as I am a bit laggy and greedy in terms of technical analysis and stuff so maybe I should work it out so no more heavy liquidation.

What coins do you recommend is best for scalping is it Alts or Bitcoin?

[TopT3ns]

When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

The best time to buy Bitcoin was when it was reduced to 57k$ but now it is again higher like that of 66k$ therefore try to wait for the best time to buy more Bitcoin if you have already bought some at a lower price.

Price prediction is very hard to make but people are working and collecting their coins when they see the market to be lower in cost and that time suited well for accumulation. Now investors should keep calm if the price goes higher then they will be in profit and if the price goes down then they will have the chance to purchase some more.

Yes, currently the price of bitcoin is rising again and we see the price of bitcoin has returned to $66K, it's best to do a short term, if you have time to trade. if you wait for the price of bitcoin to fall to $57K, it looks like it will need some more corrections. but anything can happen in the crypto space. let's see.

Weekly chart of Bitcoin performs very well this week as it is bullish but yeah anything can really happen along it's path to the next coming weeks and months so that will be exciting to dig into. As you said short term is more profitable this time though some other investors still has their DCA method for a much safer and less stress investment.

I also agree with you, currently the short term is more profitable because it seems the market is unpredictable and it seems that the last few weeks have been very volatile. I don't use DCA anymore because I focus more on trading and short term investing

Trading using the DCA method in my opinion is very suitable for Bitcoin. Meanwhile, if you want to do daily trading then you can pay attention to altcoins which have very fast price movements. Maybe you can pay attention to newly created tokens on the Solana network, you can buy newly created tokens in 1 second. That way you can make daily profits quite quickly.

[LUCKMCFLY]

When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

The best time to buy Bitcoin was when it was reduced to 57k$ but now it is again higher like that of 66k$ therefore try to wait for the best time to buy more Bitcoin if you have already bought some at a lower price.

Price prediction is very hard to make but people are working and collecting their coins when they see the market to be lower in cost and that time suited well for accumulation. Now investors should keep calm if the price goes higher then they will be in profit and if the price goes down then they will have the chance to purchase some more.

Yes, currently the price of bitcoin is rising again and we see the price of bitcoin has returned to $66K, it's best to do a short term, if you have time to trade. if you wait for the price of bitcoin to fall to $57K, it looks like it will need some more corrections. but anything can happen in the crypto space. let's see.

Weekly chart of Bitcoin performs very well this week as it is bullish but yeah anything can really happen along it's path to the next coming weeks and months so that will be exciting to dig into. As you said short term is more profitable this time though some other investors still has their DCA method for a much safer and less stress investment.

I also agree with you, currently the short term is more profitable because it seems the market is unpredictable and it seems that the last few weeks have been very volatile. I don't use DCA anymore because I focus more on trading and short term investing

Trading using the DCA method in my opinion is very suitable for Bitcoin. Meanwhile, if you want to do daily trading then you can pay attention to altcoins which have very fast price movements. Maybe you can pay attention to newly created tokens on the Solana network, you can buy newly created tokens in 1 second. That way you can make daily profits quite quickly.

That is a very good strategy, the truth is I don't operate with altcoins but it intrigues me, and since I have no experience it scares me, the DCA method to buy Bitcoin seems phenomenal to me, and in each Dip if you buy, buy better, because now there is so much uncertainty, It is said that this rise in the price of Bitcoin is due to the effects of the ETF, others say that it is due to the Halving effect, I honestly would not do it. I know it would be incredible, but it is good because it is known that these types of things are the Whatever they are, they have made the price very good and made people's emotions rise.

[NotATether]

Mostly this is for inexperience investors, and obviously, that is normal behavior. I mean if you see your portfolio going down, then your first instinct is that you feel that you are losing money hence you want to stop it and sell. And that's why we always says that you should invest what you can afford to lose in crypto. So that if by chance it's going down, you will not panic and push the sell button.

It's basically anyone without diamond hands. Not just inexperienced investors.

There's a lot of people who buy BTC, hold it for one week, look at the price and say "oh shit it's going down" and liquidate their positions before the price correction comes because they don't want to wait for it. Or maybe they could be short on cash and don't want to lose even more of it in the short term.

[salad daging]

Mostly this is for inexperience investors, and obviously, that is normal behavior. I mean if you see your portfolio going down, then your first instinct is that you feel that you are losing money hence you want to stop it and sell. And that's why we always says that you should invest what you can afford to lose in crypto. So that if by chance it's going down, you will not panic and push the sell button.

It's basically anyone without diamond hands. Not just inexperienced investors.

There's a lot of people who buy BTC, hold it for one week, look at the price and say "oh shit it's going down" and liquidate their positions before the price correction comes because they don't want to wait for it. Or maybe they could be short on cash and don't want to lose even more of it in the short term.

It's hard to be a diamond hand, but will try for four years to hold it.

I believe most of them are selling BTC because they are short of cash and they think when the price drops it is better to sell at a 20% loss than to lose more later.

There are still some people who are more concerned with investing without thinking about how emergency funds should be prepared.

[UNIVERSE]

Trading using the DCA method in my opinion is very suitable for Bitcoin. Meanwhile, if you want to do daily trading then you can pay attention to altcoins which have very fast price movements. Maybe you can pay attention to newly created tokens on the Solana network, you can buy newly created tokens in 1 second. That way you can make daily profits quite quickly.

It is suitable for Bitcoin or altcoins. It depends on the target, we use DCA if our target is for a long term.
Well, for day trading, you are right that we can choose altcoins because it has a higher volatility. It is different with Bitcoin that may have a quite stable price in few days. The price of Bitcoin won't fluctuate significantly like altcoins prices. If we trade daily with Bitcoin, we won't have a chance to get a high profit. But altcoins are surely riskier, we must have good knowledge to do day trading.