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Bitcoin Forum / Re: Why do people panic and sell their bitcoin when it falls in value?
« Last post by de_prof on Today at 11:40:19 PM »In making decisions we have to do our own research and analysis because the risk is in our hands. don't follow other people. Like what you said, we don't know their buying price, so we don't have to sell it the same as them. Everyone has their own considerations and decisions,If we buy during a bearish season and get a bottom, we can sell our coins when we make a profit. Even though people think we sell at a low price, as you said they don't know what price we buy at. and always be grateful for the benefits we get, we enjoy life better if we always feel like we have enough
If we feel happy for our little achievements too then there will be no chance to regret the past but everyone cannot do this because currently everyone is in struggle to earn more than the other person but no one becomes satisfied with his own money ever.
We should not decide according to the will of people but we have to think for our own will because if we lose or win nobody will give us money so why do we copy others in our whole life?
One should just think about his own profit no matter what others do because neither they know about our buying price nor we know about their buying price so we can make better decisions for ourselves if we ignore the concept of greed and following other people.