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

[bayu7adi]

P.S. Or will we see 80k for 1 bitcoin by the end of the month? Who has any thoughts on this? As far as I'm concerned, the situation is as incomprehensible as possible.

Maybe many people think it will be difficult to happen, reaching $80k at the end of May 2024, but selling at a loss is not a wise thing to do, considering that the BTC price still has bullish potential after the halving which should reach above $100k...for who panicked, I'm sure a few hours ago they already sold their BTC and avoided the market. Maybe they have suffered losses that are quite damaging to their finances.

However, for early investors coming in at the $25k to $30k level, this is not a bad thing. There is still a chance for them to hold longer without suffering losses. This is like the previous cycle, where the dump must be done before the pump. I hope a bull market occurs in the near future to make the weak hands regret it.

[DabsPoorVersion]

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.

If those investors who have sold at an early stage have some profits, they have nothing to regret even after the Bitcoin price has increased further. They made a profit, however, if they are still unsatisfied, then that would really make them regret their action of selling early. For those who have sold due to the panic and have been unable to buy back at a lower price than the price of Bitcoin suddenly goes up, that is something to be regretted which is most likely a common mistake, especially for newbies.

[rizqillah]

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.

If those investors who have sold at an early stage have some profits, they have nothing to regret even after the Bitcoin price has increased further. They made a profit, however, if they are still unsatisfied, then that would really make them regret their action of selling early. For those who have sold due to the panic and have been unable to buy back at a lower price than the price of Bitcoin suddenly goes up, that is something to be regretted which is most likely a common mistake, especially for newbies.

Actually, selling early or still holding it is an investor's decision. If we sell at the price and target that we set when buying, that is already a good step. And it would be a shame if there were regrets due to greed. Because greed is a bad emotion, we have to think rationalistically. In order to be able to invest with good analysis, you don't need to regret it when you sell and the price goes up high. because that is part of the risk and maybe our predictions are not accurate

[philipma1957]

Many do not know how to invest. So if they buy in at 70k and panic at 60k it is their in ability to invest properly.

You need to be able to reinvest at a few dropping points.

[Gladitorcomeback]

If those investors who have sold at an early stage have some profits, they have nothing to regret even after the Bitcoin price has increased further. They made a profit, however, if they are still unsatisfied, then that would really make them regret their action of selling early. For those who have sold due to the panic and have been unable to buy back at a lower price than the price of Bitcoin suddenly goes up, that is something to be regretted which is most likely a common mistake, especially for newbies.

There will always be regret if you have sold early and then the price went up even if you had got some profit when you sold because you will keep thinking that you could get way more profit if you had held and didn't sell earlier whenever you see the price. For example, if you had sold when the price of Bitcoin was $70k, you got 40% profit on your investment. Later in the cycle, you see Bitcoin going to $140k eventually in the bull run, will you not regret selling earlier because now you could get 80% profit on your investment? You would.

A human can barely be contented, and there will always be a need or want for more, so even if one is getting some profit, selling early will be considered a bad decision if the prices go up higher in the future.

[Jamal Aezaz]

Actually, selling early or still holding it is an investor's decision. If we sell at the price and target that we set when buying, that is already a good step. And it would be a shame if there were regrets due to greed. Because greed is a bad emotion, we have to think rationalistically. In order to be able to invest with good analysis, you don't need to regret it when you sell and the price goes up high. because that is part of the risk and maybe our predictions are not accurate

Selling and holding is the decision of holders and if someone is selling at a lower price then it does not suggest that he will be in loss because we don't know at which price he has bought his coins. Buying price will show about your success so if someone is in fear of losing then he can sell at a lower price but remember that his selling price should always be higher than his buying price.

Once you get profit by selling then be thankful for your earning and if price goes higher after your selling then don't regret it because you will always receive what is in your fate. You should be confident about your decision no matter how high the others get but you should focus on your own target instead of following others.

[de_prof]

Actually, selling early or still holding it is an investor's decision. If we sell at the price and target that we set when buying, that is already a good step. And it would be a shame if there were regrets due to greed. Because greed is a bad emotion, we have to think rationalistically. In order to be able to invest with good analysis, you don't need to regret it when you sell and the price goes up high. because that is part of the risk and maybe our predictions are not accurate

Selling and holding is the decision of holders and if someone is selling at a lower price then it does not suggest that he will be in loss because we don't know at which price he has bought his coins. Buying price will show about your success so if someone is in fear of losing then he can sell at a lower price but remember that his selling price should always be higher than his buying price.

Once you get profit by selling then be thankful for your earning and if price goes higher after your selling then don't regret it because you will always receive what is in your fate. You should be confident about your decision no matter how high the others get but you should focus on your own target instead of following others.

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

[ajiz138]

Actually, selling early or still holding it is an investor's decision. If we sell at the price and target that we set when buying, that is already a good step. And it would be a shame if there were regrets due to greed. Because greed is a bad emotion, we have to think rationalistically. In order to be able to invest with good analysis, you don't need to regret it when you sell and the price goes up high. because that is part of the risk and maybe our predictions are not accurate

Selling and holding is the decision of holders and if someone is selling at a lower price then it does not suggest that he will be in loss because we don't know at which price he has bought his coins. Buying price will show about your success so if someone is in fear of losing then he can sell at a lower price but remember that his selling price should always be higher than his buying price.

Once you get profit by selling then be thankful for your earning and if price goes higher after your selling then don't regret it because you will always receive what is in your fate. You should be confident about your decision no matter how high the others get but you should focus on your own target instead of following others.

All decisions are in our own hands, whether we will sell it or keep holding it, because there is no external pressure that makes us unable to sell or hold based on our own decision.

Price correction is something that is normal in the market, we do not expect prices to always rise and we also will not always see prices continue to fall. However, we must be able to prepare ourselves when there is a downturn, therefore we must set targets at the start.

[emmybd]

Only beginners get panicked and start selling their Bitcoin. A lot of other people sell their Bitcoin because they want to buy dip and sell when it peaks again. It is just a strategy most professional traders apply to make a good profit in the long run.

[Aanuoluwatofunmi]

If we had also considered this recent bear before the market begin to pump few days from now, some would have sold their asset as a result of dear of missing out, this is what we always use in encouraging newbies that they should not sell when the market dumps because they will loose, i stead they will have to hold and wait till the market pumps just as we are seeing now.

[LUCKMCFLY]

If we had also considered this recent bear before the market begin to pump few days from now, some would have sold their asset as a result of dear of missing out, this is what we always use in encouraging newbies that they should not sell when the market dumps because they will loose, i stead they will have to hold and wait till the market pumps just as we are seeing now.

Well, always in market speculation things are like that, the best thing was to sell at $773lk and have bought right now at this time, because I would have gotten quite a few satoshis and that is more profits, of course we are people who are always going to consider do things better, when we are generating more satoshis that is equivalent to more money in the future and that is enough for any person to live well and even in luxury, then given that things with bitcoin occur at this level, then each one We know that opportunities must be appreciated, of course , I have no idea at this time what could be influencing the price so that it has dropped so much , but if it is a natural correction, it means that things are going very well.

[DAMKAR]

If we had also considered this recent bear before the market begin to pump few days from now, some would have sold their asset as a result of dear of missing out, this is what we always use in encouraging newbies that they should not sell when the market dumps because they will loose, i stead they will have to hold and wait till the market pumps just as we are seeing now.

Well, always in market speculation things are like that, the best thing was to sell at $773lk and have bought right now at this time, because I would have gotten quite a few satoshis and that is more profits, of course we are people who are always going to consider do things better, when we are generating more satoshis that is equivalent to more money in the future and that is enough for any person to live well and even in luxury, then given that things with bitcoin occur at this level, then each one We know that opportunities must be appreciated, of course , I have no idea at this time what could be influencing the price so that it has dropped so much , but if it is a natural correction, it means that things are going very well.

what happened in the last few weeks when bitcoin seemed to fall drastically, it was just a correction because now we see the price of bitcoin rising again. This is a good thing for crypto lovers especially for those who still hold onto their coins. If you have sold at $73K, you should buy again because it is possible that the price of bitcoin will soon touch a higher ATH than before

[Jamal Aezaz]

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.

[de_prof]

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.

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,

[philipma1957]

Many people investing are all or nothing.

Rather than 10 investments 10% each so that a drop is not fatal.

Instead  many are 100% in one investment and over there head.

The ones in over their head are likely sell on a dip.