why do people panic and sell their coins throw some light on this topic and share your opinion
Usually, panic occurs because someone is not really sure what they are holding or the conditions they are experiencing. And also sometimes or even often we find that panic occurs because of certain factors:
- afraid of losing the money
- Do not or have not understood investing in Bitcoin thoroughly
- Just understand that investing in Bitcoin will always provide high profits in the near future
- There is a high level of expectations from investment in Bitcoin, even too high, but it cannot withstand various risks
What is certain is that if we understand the cycles and volatility conditions of Bitcoin, then we will be more alert and wise with various Bitcoin conditions. So, never feel that we are losing our money when the price of Bitcoin plummets. Because in reality, our money is still there as long as we still hold Bitcoin.