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

[DAMKAR]

Yes, some succeed, but this is essentially luck and not an investment strategy, you cannot rely on it, you correctly noted that investing is about cold money that can be left waiting for a long time and not your personal savings that you use over time.

If I invest then I prefer not to use it at all until the profit target I want is achieved, because investing in cryptocurrency, especially Bitcoin, is not like other investment places, the very limited supply of Bitcoin makes the potential price achieved very high, so I will still save it for a long time and don't want to waste the profits that can be obtained.

If there is already a profit from the bitcoin that we hold but we still believe the price will rise, it's best to hold it, don't sell it. because we can take advantage of bigger profits, don't waste it when investing in bitcoin, because this cycle lasts for 4 years. It is recommended to remain calm in holding our bitcoins.

[bayu7adi]

If there is already a profit from the bitcoin that we hold but we still believe the price will rise, it's best to hold it, don't sell it. because we can take advantage of bigger profits, don't waste it when investing in bitcoin, because this cycle lasts for 4 years. It is recommended to remain calm in holding our bitcoins.

Now there is a slight correction, but this is not the right time to sell Bitcoin at a slightly lower price. we still have a chance to get bigger profits when the halving happens, everyone is talking about the price of Bitcoin will break above $100k, but it's not a matter of price, but it's a matter of our belief in this year's bull market will actually happen.

The correction before the halving is very normal, even the previous cycle was like that... but definitely don't sell on the correction this time, hold on for a while and wait for the halving moment. It doesn't matter if your assets are negative in the next few weeks, what is certain is that they will bounce back and give you big profits when the bullish market occurs.

[legend45]

If there is already a profit from the bitcoin that we hold but we still believe the price will rise, it's best to hold it, don't sell it. because we can take advantage of bigger profits, don't waste it when investing in bitcoin, because this cycle lasts for 4 years. It is recommended to remain calm in holding our bitcoins.

Now there is a slight correction, but this is not the right time to sell Bitcoin at a slightly lower price. we still have a chance to get bigger profits when the halving happens, everyone is talking about the price of Bitcoin will break above $100k, but it's not a matter of price, but it's a matter of our belief in this year's bull market will actually happen.

The correction before the halving is very normal, even the previous cycle was like that... but definitely don't sell on the correction this time, hold on for a while and wait for the halving moment. It doesn't matter if your assets are negative in the next few weeks, what is certain is that they will bounce back and give you big profits when the bullish market occurs.

Corrections will always happen, so that's normal. Both before the halving and after the halving, because beforehand corrections are always there. because bitcoin is very volatile. so we can benefit from that volatility. Buy low and sell when prices rise

[Wiseman]

Yes, some succeed, but this is essentially luck and not an investment strategy, you cannot rely on it, you correctly noted that investing is about cold money that can be left waiting for a long time and not your personal savings that you use over time.

Some success depend on their luckiness without more research or analyze but their coins invested grow up drastically, its happen for some people not panic and keep long term holding their cryptocurrency assets investment.  Some of them buy and forget it until suddenly raise drastically and earn much profitable.
When some one more focusing with investment strategies seems easily for selling when growing up few percent, need some one has long term holding and not care with strategies or some research before buying coins and forget until long term moment.

I think that if you want to become an investor, then you should only have cold money and not look at the chart every day, otherwise it will drive you crazy) you can install an application with a voice alert when the price of your asset reaches a certain point and play the chart only when it comes to you a notification that your coin has reached the level you planned to sell your investments and make a profit.

[yohananaomi]

Depends on the situation at the moment or the present that made the person panicked. There are sometimes it is good to sell your coins when the price has reached the All Time High, then you keep them and wait for the bear market again to buy.

If you are sure that Bitcoin has reached its final ATH, it is very wise to sell it straight away, but sometimes many people are confused about when the ATH will actually happen. Remember in 2021 when they hoped that $100K would be reached for the ATH, but it couldn't be achieved and many were disappointed.
I agree, but don't reduce it. You can do everything. After selling, then wait for Bitcoin to be corrected and that's the time to buy and keep it again for another 4 years. Bitcoin will continue to do this, so many people say that Bitcoin is a long-term investment, so there is no need to be afraid to continue holding it because the time will come to get the best thing.

[milewilda]

Yes, some succeed, but this is essentially luck and not an investment strategy, you cannot rely on it, you correctly noted that investing is about cold money that can be left waiting for a long time and not your personal savings that you use over time.

Some success depend on their luckiness without more research or analyze but their coins invested grow up drastically, its happen for some people not panic and keep long term holding their cryptocurrency assets investment.  Some of them buy and forget it until suddenly raise drastically and earn much profitable.
When some one more focusing with investment strategies seems easily for selling when growing up few percent, need some one has long term holding and not care with strategies or some research before buying coins and forget until long term moment.

I think that if you want to become an investor, then you should only have cold money and not look at the chart every day, otherwise it will drive you crazy) you can install an application with a voice alert when the price of your asset reaches a certain point and play the chart only when it comes to you a notification that your coin has reached the level you planned to sell your investments and make a profit.

Actually the key on here is that on the time that you do step your foot into this market then you should have that main consideration on trying to look on how this market works or behaves.
So that on the time that you do see your portfolio in negative then you wont really be making yourself that too impulsive in regarding into your position or condition. People do usually easily
panic up on the time that they've seen those reds without even trying out to realize that the market would really be always be having that kind of recovery on which we know that
it could inevitably happen on which it would really be normal that you would really be needing up that kind of adjustments to be made up.

[doc]

Depends on the situation at the moment or the present that made the person panicked. There are sometimes it is good to sell your coins when the price has reached the All Time High, then you keep them and wait for the bear market again to buy.

If you are sure that Bitcoin has reached its final ATH, it is very wise to sell it straight away, but sometimes many people are confused about when the ATH will actually happen. Remember in 2021 when they hoped that $100K would be reached for the ATH, but it couldn't be achieved and many were disappointed.
I agree, but don't reduce it. You can do everything. After selling, then wait for Bitcoin to be corrected and that's the time to buy and keep it again for another 4 years. Bitcoin will continue to do this, so many people say that Bitcoin is a long-term investment, so there is no need to be afraid to continue holding it because the time will come to get the best thing.

Actually, when is ATH, it usually occurs one year after the halving. What ATH will this season achieve? $100K possibility is realistic. Everyone has their own predictions so stay consistent in our respective predictions.

[ajiz138]

Actually, when is ATH, it usually occurs one year after the halving. What ATH will this season achieve? $100K possibility is realistic. Everyone has their own predictions so stay consistent in our respective predictions.

I agree with you, that usually we will reach ATH after the halving, but this time it is more special because we got the price we see now before the halving, clearly this is good news for bitcoin holders.

You are also right, we have to be consistent with what we believe, that is a form of our belief in ourselves and that in my opinion is better than following what other people say. We have to be good at filtering all the information.

[bitbit97]

Dont forget that there are people who dont aim for large results. Whos option is to get a couple % of profit and that is it. Not everyone is a long-term holder or investor. Some people have low demands. Some people are in situation when they need "fiat exactly today". Some people are just visitors of cryptocurrency and they only have tried what is bitcoin is and after sell their crypto. They all make up what we call "sellers". So not everyone who is selling when price is falling a panic seller.

[Aanuoluwatofunmi]

The question from the OP topic strictly applies to those that don't have an idea on what they are doing and they don't know the difference in the coin they should make an investment in and the ones they should avoid, this alone is what gives many of them heart attack whenever the market is going down because of fear of uncertainty demands, this has happened on a countless times on many newbies.

[Tribalchief]

I agree with you, that usually we will reach ATH after the halving, but this time it is more special because we got the price we see now before the halving, clearly this is good news for bitcoin holders.

All thanks to the recent approval of the Bitcoin spot ETF, which has turned things around and changed the protocol in place. As it stands, we really don't know if we might see a new all-time high (ATH) after the halving, since we just witnessed an unexpected ATH that does not align with previous records.

You are also right, we have to be consistent with what we believe, that is a form of our belief in ourselves and that in my opinion is better than following what other people say. We have to be good at filtering all the information.

I agree with you on this. The problem of always wanting to follow other people's predictions and ideas has sometimes cost us profits from a particular project. When our curiosity tells us that a coin has reached its ATH, we are eager to follow others who suggest that it has not yet reached its ATH. Following our own curiosity and making personal decisions makes us responsible in the crypto space.

[milewilda]

The question from the OP topic strictly applies to those that don't have an idea on what they are doing and they don't know the difference in the coin they should make an investment in and the ones they should avoid, this alone is what gives many of them heart attack whenever the market is going down because of fear of uncertainty demands, this has happened on a countless times on many newbies.

Which do means that this is really pertaining into those noobs out there but well, we do start on being a noob on which it would really be just that normal that we would really be having on such kind of state on where we are really that having no idea on what we are doing. In speaking about panicking when price drops then its a normal human being reaction specially on seeing our portfolio
is really that going down on which people would really be that normally freaking out and letting their emotions do control them and on the time that they would really be having that kind of
actions then they would eventually learn on next time on the time that they've seen that the market do make out some recovery. Self realizations would really be made up.

[dekafee79]

The question from the OP topic strictly applies to those that don't have an idea on what they are doing and they don't know the difference in the coin they should make an investment in and the ones they should avoid, this alone is what gives many of them heart attack whenever the market is going down because of fear of uncertainty demands, this has happened on a countless times on many newbies.

Which do means that this is really pertaining into those noobs out there but well, we do start on being a noob on which it would really be just that normal that we would really be having on such kind of state on where we are really that having no idea on what we are doing. In speaking about panicking when price drops then its a normal human being reaction specially on seeing our portfolio
is really that going down on which people would really be that normally freaking out and letting their emotions do control them and on the time that they would really be having that kind of
actions then they would eventually learn on next time on the time that they've seen that the market do make out some recovery. Self realizations would really be made up.

The panic that noobs experience is human and natural, because they don't have much experience in understanding crypto. for those who have been investing in crypto for a long time, they will be calm when the market dumps. but we have to choose safe coins. because I myself sometimes panic when looking at the market when investing in new coins, because the risk is big if you get stuck in high prices and don't rise again for a long time.

[MRY]

The panic that noobs experience is human and natural, because they don't have much experience in understanding crypto. for those who have been investing in crypto for a long time, they will be calm when the market dumps. but we have to choose safe coins. because I myself sometimes panic when looking at the market when investing in new coins, because the risk is big if you get stuck in high prices and don't rise again for a long time.

As you said, for experienced investors, whales and traders, the price collapse is not a problem, in fact it is a very good moment to re-enter with the capital they have. So far they have a lot of money in the real world so when the price collapses it makes them very happy.

[Trisha Rola]

Well, it is because when the price of the bitcoin drops, investors may fear losing more money.. this fear can lead to panic selling as they try to minimize their losses.

So as I advise you to set up the stop-loss and take profit, which automatically sells their Bitcoin holding when the price reaches a certain predetermined level.