why do people panic and sell their coins throw some light on this topic and share your opinion
Usually the beginner get panic for selling their bitcoin when it fall in values, the same with their habit buy or investing with bitcoin when on the top price and get panic moment if bitcoin crash suddenly. Its will be the greatest experienced for the beginner when selling bitcoin or altcoin assets with panic moment, will realize when bitcoin raising up again to higher price and face disappointed why have to sell before on lower price.
why do people panic and sell their coins throw some light on this topic and share your opinionPanic sell and panic buy are the actions caused by Fear and Greed and I think this topic is already been covered here. Fear or greed (https://www.altcoinstalks.com/index.php?topic=315520.0) You should read this topic, as it will enlighten you more. In my opinion, we panic sell when we get a news, which actually is not a real news, it is just a manipulated news and we panic sell or in other words we buy the news and results in lose.
why do people panic and sell their coins throw some light on this topic and share your opinionNot everyone who sells their bitcoin, or any other coin per say, while the price is going down is panic selling, some are actually consciously selling in other to buy back when the price has significantly fallen, this will enable such individual own more coins than he or she initially owned.
why do people panic and sell their coins throw some light on this topic and share your opinion
why do people panic and sell their coins throw some light on this topic and share your opinionand this panic occurs very often every time there is a market correction or FUD that hits Bitcoin. Basically, panic is natural for everyone and will definitely influence our decisions. but when we are struggling in this crypto business we cannot keep up with constant self-panic. in the sense that we must be able to control panic based on the knowledge we have. Maybe this is the key because many people who own Bitcoin or buy Bitcoin simply follow trends or follow the people around them without first understanding how Bitcoin is and the market. So when the price of Bitcoin suddenly drops, they panic because they are afraid that their money will decrease day by day. even though basically if we haven't sold our BTC then our BTC amount will remain the same. Unfortunately, maybe these people don't think like that, they only think about the nominal fiat when converted.
why do people panic and sell their coinsDo you refer to the current dump in Bitcoin?
That's why it's so important to be bold when it comes to investing. Those who lose patience at the least or those who are afraid at the least can never accept temporary loss. An investor who invests $1000 only to find $800 in his wallet a few days later will be very alarmed. When that time comes, he panics and thinks that if he doesn't sell his bitcoins very soon, his dollar may drop even more. Along with such thoughts, he may think that now that he has converted his bitcoins to stable coins, when the price will decrease again, he will buy bitcoins again, thereby increasing his profit potential. A Bitcoin investor who lacks courage basically thinks about these things and sells his investment even if it is a loss.Losses $200 of current capital $1000 will make the trader or investors not get much experienced in cryptocurrency will face panic but have smart investor will put stop losses to manage not loss more and get chance to buy back. But very important when trading in cryptocurrency never panic face moment with bitcoin get lower price drastically, have been usual thing when bitcoin drop have time recovery and bounce to more higher price again.
The only reason was that they were lacking knowledge and discipline, because if they had that, they wouldn't get easily scared of price dumping. Most of the newbies are doing this because they bought only on green days, which they thought they would continue, but when the price drops, they will now be scared. Though there is nothing wrong with this as this is part of the learning, the problem is that you are still committing it after that hard learning.It is a fact that investors are always manipulated by greed + fear, and greed + fear that create action and that action creates market fluctuations. I believe that the majority often make wrong decisions and create the tops and bottoms of this market.
why do people panic and sell their coins throw some light on this topic and share your opinion
why do people panic and sell their coins throw some light on this topic and share your opinionPanic sell and panic buy are the actions caused by Fear and Greed and I think this topic is already been covered here. Fear or greed (https://www.altcoinstalks.com/index.php?topic=315520.0) You should read this topic, as it will enlighten you more. In my opinion, we panic sell when we get a news, which actually is not a real news, it is just a manipulated news and we panic sell or in other words we buy the news and results in lose.
And when we results in lose we call it panic sell. So in short terms, when we make quick moves like selling quickly under some stress or pressure without caring about the loss or profit we call that move a panic sell. Talking about why people panic sell, there would be hundred of reasons for that, they might have fell for a FOMO or FUD or they might not bear the pressure of market or they don't see there money going down in value etc.
why do people panic and sell their coins throw some light on this topic and share your opinion
why do people panic and sell their coins throw some light on this topic and share your opinionThose people who get scared and sell their coins don't really know the real importance of the coins that they have bought. Those are mostly newbie investors or weak hands who don't really know exactly what's investing and how can a investor earn profits.
Mostly because they lack knowledge and their mentality towards the market is a poor one Because if they knew how that Bitcoin is volatile then they would know that selling coins is not a good but also the same time. I know you might ask why I say so ? That's because not everyone is full time holders so the one that sell are the short term holders that trade on the market value and cash out although it's very risky but it's some how good to those who do this.I really agree with what you say because so far Bitcoin has a very limited supply while the development of digital currency technology such as Bitcoin is increasingly developing, which means there is a possibility and opportunity for Bitcoin users to increase even higher and will make the price of Bitcoin very expensive because it will definitely It's getting harder to get Bitcoin, so it's better to keep buying as much Bitcoin as you can and after that store it for a very long time and it will give a lot of profit to those who still have Bitcoin.
why do people panic and sell their coins throw some light on this topic and share your opinionUsually, 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:
why do people panic and sell their coins throw some light on this topic and share your opinion
why do people panic and sell their coins throw some light on this topic and share your opinionPeople panic sell because they think they gonna lose every single penny that they have earned by working hard and after investing it in some asset that is highly volatile, the profits and losses move too fast that the person can't control his/her emotions anymore and when he/she makes more profit then the investment means when they make 2x they start to panic sell.
I think in a way the panic of selling is the madness of others to buy, it's just that. :)
why do people panic and sell their coins throw some light on this topic and share your opinionImagine like this , you invested in a market that you don't fully understand and then suddenly your investments value drops badly and you don't know that this is normal in the market you entered , does it alarming to your decisions .
why do people panic and sell their coins throw some light on this topic and share your opinionNot all people who sell awhen price is getting down are doing that because they are panicking. Thing is, when price starts going down, chances are it will continue to go down further so traders/speculators sell now in order to rebuy later at the lower price.
why do people panic and sell their coins throw some light on this topic and share your opinionPeople who Mostly Do Panic Sells:
why do people panic and sell their coins throw some light on this topic and share your opinion
why do people panic and sell their coins throw some light on this topic and share your opinionThose who panic sell when the price drops are those who did not buy bitcoin as a long-term investment. But they just follow the trading trend and they unwind the current position and hope to buy from the bottom again.
why do people panic and sell their coins throw some light on this topic and share your opinionThere is only one reason for that. "Fear of Losing Money"
why do people panic and sell their coins throw some light on this topic and share your opinion
why do people panic and sell their coins throw some light on this topic and share your opinionIf I were to express my opinion, it would be that those who hold over fear only sell as soon as the market shows a slight downward trend. They fear that the market may go down as it is today and may go down further in the future and the market will never recover, that's why they sell panic in the panic market. In this case, new investors usually do panic sales for fear of losing their investment so that their capital does not become zero and they start selling immediately when they see a downward trend in the market.
why do people panic and sell their coins throw some light on this topic and share your opinionIt is because they have weaker hands, they are not having enough idea how it works. They are overpowered by fear, uncertainty and doubts. They are newbies into this industry unsure and unaware of the possibilities that might happen if they keep on hodling Bitcoin.
In trading you will often see people panicking when the market turns downward. And this is normal because it is the response of traders to a market that is not in their favor to be able to save their assets from losses or they just want to secure profits so that it is not further eroded due to a bearish market. Each trader also has a different risk tolerance and psychology, so when the market tends to be bearish you can see how there will be many people panic selling their Bitcoin because they are worried that it will affect their investment.Its normal habit with panic although you are have much experienced in trading, learned with mistake before want to make us more careful for next time trading and try how to make efficiency without have the same mistake. Seems panic selling when bitcoin price drop because they will save or secure assets more than loser and try to use stop loss feature to buy back in lower price.
why do people panic and sell their coins throw some light on this topic and share your opinionAn investor invests his hard-earned money in the hope of making a profit, when the money falls, it can create tension in his mind. They take this wrong decision to minimize their losses. But as a Bitcoin investor, he must understand well that these things are very common in the trading market. We all know about the trading chart that the chart never results in a specific direction which always goes through ups and downs. Market movements can change due to reason and without reason, an investor should be patient during that time. A fear among many investors is that the market is going bearish again? If one cannot overcome this fear and frustration then he will never succeed in investing in Bitcoin because Bitcoin is the only currency which is the most volatile currency in the world.
why do people panic and sell their coins throw some light on this topic and share your opinionThey panic and sell their coins because they are weak hands, not long term holders but short term holders. They are after small profit, and most of them bought bitcoin due to the hype and they lack the knowledge of bitcoin price movement. They invested with money that was meant for other important purpose, thinking that bitcoin is a get rich quick scheme, and when the price dips below their entry point, they will panic and sell and run at loss because they are scared that their money is about crashing. Long term investors don't care about the price fluctuation, but they are more focused on the future.
why do people panic and sell their coins throw some light on this topic and share your opinionThat’s just the nature of some people, they don’t have the mindset to withstand seeing their money fall but they always wants to do what people are doing. Some people (mostly beginners) don’t have knowledge about the concept of cryptocurrency but they invested in it because of the stories they hear of how people make money from cryptocurrency without seeking proper knowledge about it.
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Without proper knowledge one
will always freak out when the price drops because they won’t understand that there are several reasons that may cause bitcoin price to drop and that whenever it drops bitcoin price will still rise again no matter how long it may take. I feel these set of people who panic and sell when the price drops didn’t get proper orientation before engaging in it and i feel they only joined up because they think it’s a get rich quick scheme where they can make quick money failing to understand bitcoin is volatile and price can move in any direction.
Yeah, knowledge and experience are important.That's true because even in a bullish market the market will occasionally experience price corrections. And those of us who already have experience in the market tend not to panic and instead make good use of the market situation. In contrast to beginners who easily panic and will even say that BTC will fall further again and again. For short-term holders it is natural that they choose to exit when the market falls. But for hodlers there is no reason to get out when the market goes down. In fact, it is an opportunity for re-accumulation.
Without both we will freak out when the price drop.
We should know what happen..
do research and analyze..
Don't be panic when price drop, always keep calm because price will go up again.
Bitcoin price is always volatile.
as long as it's not during the bearish season, the price will go up again.
That's true because even in a bullish market the market will occasionally experience price corrections. And those of us who already have experience in the market tend not to panic and instead make good use of the market situation. In contrast to beginners who easily panic and will even say that BTC will fall further again and again.Corrections in a bull run will help the market to wash out leveraged people and more easily to climb up more.
For short-term holders it is natural that they choose to exit when the market falls. But for hodlers there is no reason to get out when the market goes down. In fact, it is an opportunity for re-accumulation.They are not short-term holders but short-term speculators and they don't have plan to hold bitcoins. Just buy and speculate it will rise within few days or weeks. They have no idea and plan to do when Bitcoin has corrections.
In trading you will often see people panicking when the market turns downward. And this is normal because it is the response of traders to a market that is not in their favor to be able to save their assets from losses or they just want to secure profits so that it is not further eroded due to a bearish market. Each trader also has a different risk tolerance and psychology, so when the market tends to be bearish you can see how there will be many people panic selling their Bitcoin because they are worried that it will affect their investment.Its normal habit with panic although you are have much experienced in trading, learned with mistake before want to make us more careful for next time trading and try how to make efficiency without have the same mistake. Seems panic selling when bitcoin price drop because they will save or secure assets more than loser and try to use stop loss feature to buy back in lower price.
What for become long term holding when assets values increasing down, better use stop loss and buy back later with many people panic for selling bitcoin or altcoin assets in lower price.
And because of that, traders must be clever at playing stop loss and buyback, because buying back later is a good strategy when a trader wants to get profit back from the market. This is because traders who panic sell when the market is bearish may buy back Bitcoin when the market is stable again. And when traders enter the market again when the market rebounds, this will really give them a decent profit opportunity.
why do people panic and sell their coins throw some light on this topic and share your opinionIt is not everyone that panics and sell their coin when bitcoin price is down. There are categories of people who do that;
why do people panic and sell their coins throw some light on this topic and share your opinion
why do people panic and sell their coins throw some light on this topic and share your opinion
why do people panic and sell their coins throw some light on this topic and share your opinion
Anyone can sell at loss when they are not strong emotionally. One thing is to invest another is to be emotionally strong to hold on even when the market direction is against you. Another good factor to consider is to know how urgent the investor will need his capital. If the investor will be need his money back soonest, they will be in a haste to sell in order not to get their capital stocked.why do people panic and sell their coins throw some light on this topic and share your opinion
People who panic and sell during a fall in price are basically short-term investors who want to make a profit within a specific period. There is nothing bad in being a short-term investor, but due to the volatility of prices, especially when rumors are circulating, they are often tempted to sell to avoid losing what has been accumulated.
Anyone can sell at loss when they are not strong emotionally. One thing is to invest another is to be emotionally strong to hold on even when the market direction is against you. Another good factor to consider is to know how urgent the investor will need his capital. If the investor will be need his money back soonest, they will be in a haste to sell in order not to get their capital stocked.
But if the investor used the money that they will not be needing urgently, they might not sell hastily and they will wait till the price reverses.
why do people panic and sell their coins throw some light on this topic and share your opinion
Yeah, knowledge and experience are important.
Without both we will freak out when the price drop.
We should know what happen..
do research and analyze..
Don't be panic when price drop, always keep calm because price will go up again.
Bitcoin price is always volatile.
as long as it's not during the bearish season, the price will go up again.
Yes, people who usually sell off because of panic are people who don't have good knowledge about Bitcoin. Bitcoin is a volatile asset, and most experienced Bitcoiners are already aware of it, so they can hold their coin for up to five years without selling it.
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why do people panic and sell their coins throw some light on this topic and share your opinionMost of the time you will see that those who are take panic and sell their Bitcoin or any kind of top cryptocurrency those mostly are the newbies traders, who are just entering the market. But that doesn't mean that only newbie take panic many experienced trader are also mistakes sometimes. I have also done this kind of many mistakes on the beginning journey of mine. But for now I have taken long-term strategy and adopting bitcoin rather than selling.
Yes, panic is one of the things that really influences the market. And this usually happens to newbies, beginner investors, or people with certain targets and who need to immediately cut losses or people who don't expect market conditions. Meanwhile, we basically understand that the market will continue to fluctuating and will never continue to rise. There will definitely be transitions from ups and downs. Moreover, if after a significant increase, the market will usually experience the market correction first. And it is in this phase that people are usually susceptible to FUD and will end up panic selling at their own expense.why do people panic and sell their coins throw some light on this topic and share your opinionMost of the time you will see that those who are take panic and sell their Bitcoin or any kind of top cryptocurrency those mostly are the newbies traders, who are just entering the market.
Panic selling is common.True. It is a common thing because there are still many people who invest in Bitcoin without proper knowledge. If most people understand how to invest in Bitcoin, they won't easily panic and sell their Bitcoin at the wrong time. Moreover, in the current time, we are heading the bullish season, why we must sell it now? People who understand it, will have no reason to sell the Bitcoin now.
Many people do not understand principles of investing.
why do people panic and sell their coins throw some light on this topic and share your opinionHuman feelings have a lot of instincts because actually just hearing the word "fall" makes you scared, especially as the member has Bitcoin assets that are held in custody and have a large USD value.
Human feelings have a lot of instincts because actually just hearing the word "fall" makes you scared, especially as the member has Bitcoin assets that are held in custody and have a large USD value.
But several my friends suggest keep calm and hold.You are very lucky to have friends who really care about you and always remind you to stay calm and not panic.
Position that is not easy to convince someone to stay calm and not panic when the price of bitcoin drop drastically with many people have sold their bitcoin in lower price. I don't know what the trick and opinion using to make some one realize with bitcoin position drop not have to panic.But several my friends suggest keep calm and hold.You are very lucky to have friends who really care about you and always remind you to stay calm and not panic.
Then your friend is also very sure to keep holding Bitcoin during the Dump because your friend is definitely someone who has experience in cryptocurrency.
It's very rare to have friends like that because in the real world we tend to have friends who are very nosy and don't want us to be successful, especially cryptocurrency which is always full of hacking drama, rising, falling prices etc.
Aside from people panicking about their Bitcoin holdings, a lot of investors consider selling their Bitcoin holdings whenever the prices of Bitcoin suddenly drop trying to have a chance to buy again at a lower value, this strategy is to increase their holdings. However, this strategy is risky and can probably lead to having losses. Buying and selling Bitcoin during a downward trend without a clear re-entry point can result in a having reduced number of holdings. It's not a bad strategy buying the dip, but it's important to have a plan to avoid unnecessary losses.
Human feelings have a lot of instincts because actually just hearing the word "fall" makes you scared, especially as the member has Bitcoin assets that are held in custody and have a large USD value.
Not only human feeling, If they are newbie who lack the experience when hear the word " fall" they will be panic. Panic selling will make us lost alot. Invest in crypto need knowledge and experience. It I feel at the beginning I invested in crypto, when fall I taught I will lost. But several my friends suggest keep calm and hold.
I don't know what the trick and opinion using to make some one realize with bitcoin position drop not have to panic.It could also be that the person who gave the advice was the teacher who first taught cryptocurrency to DAMKAR and had special tricks so that he could wisely accept the advice from his friend.
why do people panic and sell their coins throw some light on this topic and share your opinion
Yes, people who usually sell off because of panic are people who don't have good knowledge about Bitcoin. Bitcoin is a volatile asset, and most experienced Bitcoiners are already aware of it, so they can hold their coin for up to five years without selling it.
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Panic selling is always being the big problem for investor and trader in crypto world. As you said they don't have good knowledge and also experience.
Keep calm is not easy, when we see the market down. We should have good prediction and analysis why the market go down.
Talking about experience, pump and dump in bitcoin is nature, If we invest in crypto along time , we don't be panic when down.
Yes, some people sell their bitcoin as soon as they heard any negative news. They started panicking to the extent they sell off their investments to avoid stories. But, I don't sell mine. I need to know the source of the news and how it will affect the market price. Not every news online is real. Most of them are fake.
why do people panic and sell their coins throw some light on this topic and share your opinionThese are very common cases, if it were otherwise cryptocurrency would not be volatile and no one would want to earn there, mostly those who drain they simply do not have the opportunity and they do not have extra money to hold on for a few months or years.
why do people panic and sell their coins throw some light on this topic and share your opinionThese are very common cases, if it were otherwise cryptocurrency would not be volatile and no one would want to earn there, mostly those who drain they simply do not have the opportunity and they do not have extra money to hold on for a few months or years.
Sometimes the market may not recover, I mean for a particular coin that may not rise further, so those who hold altcoins that are not in the top 10 or more but have the potential to rise may not show that rise.why do people panic and sell their coins throw some light on this topic and share your opinionThese are very common cases, if it were otherwise cryptocurrency would not be volatile and no one would want to earn there, mostly those who drain they simply do not have the opportunity and they do not have extra money to hold on for a few months or years.
Absolutely yes, the volatility of crypto currency make the investors want to gain profit from it.
They buy low , hold and sell when high .
Panic is nature, but don't panic selling. Because It will always happen in crypto , we will always see the market seems volatile.
Keep calm and wait. The market will recover again.
what the reason prefer invest in bitcoin and crypto? because It's volatile. So why we must be panic when bitcoin goes down? Pump and dump it's normal in crypto currency. We can buy more when dump and sell when pump. No one can control bitcoin , it make bitcoin is so volatile.There are several reasons why people may choose altcoins over bitcoin. Some may not be familiar with bitcoin, while others may prefer altcoins due to their potential for higher growth. However, for long-term investors like myself and many others, bitcoin is the preferred option.
why do people panic and sell their coins throw some light on this topic and share your opinionIt's the nature of a human being to panic when bad things happen to them.
Yes, some people sell their bitcoin as soon as they heard any negative news. They started panicking to the extent they sell off their investments to avoid stories. But, I don't sell mine. I need to know the source of the news and how it will affect the market price. Not every news online is real. Most of them are fake.It is like those investors that do panic and sell their investment are those that bought due to the hype or that bought because of FOMO, and this has made them to use the money that was made for important needs to buy bitcoin, or they even went as far as taking a loan to invest, without understanding how bitcoin investment works. When these set of people see bitcoin price going below their entry point, they will panic and sell because they believe that the price might continue going down and will not recover again. So they will sell and run at loss thinking that they have made the best decision. This is why we should only invest with the money that we would not need for a very long time, and we should have it at the back of our minds that bitcoin investment can only be profitable when we invest in long term, as bitcoin is not a get rich quick scheme.
It is like those investors that do panic and sell their investment are those that bought due to the hype or that bought because of FOMO, and this has made them to use the money that was made for important needs to buy bitcoin, or they even went as far as taking a loan to invest, without understanding how bitcoin investment works.
If anyone is panicking or worried about what is happening in the market, that is a sign of a lack of knowledge of market movements. And it may be because of the rumors they hear that they can feel such things.Not always happens as you write, sell often even those who know that bitcoin will grow simply because of the small budget that they could spend all buying only one bitcoin and not investing anywhere else, just all this theme with a long holding is often suitable only for people who have the opportunity to forget about this money for several years without getting from the investment not a penny.
They sell in such a situation because they don't want to lose a lot of money, but the others don't sell because they know the movement of the market. Of course, if you know something about the market and such a scenario happens, you will not worry, and there is no reason for you as an investor to sell immediately if you are a long-term investor.
I don't think that this is enough reason to panic. If someone invests a small amount of money into Bitcoin and expects it to grow in the long run, then they should hold on to their investment and not sell it in a panic. If they cannot afford to forget about the money they invested and hold on to it for a longer duration, then they shouldn't have invested in the first place. Investing requires a proper strategy, even when selling. If someone panics and sells their Bitcoin due to a sudden drop in its value, it indicates a lack of knowledge about investing in Bitcoin. Unless they have another strategy and plan to buy back at a lower price or invest in another coin.If anyone is panicking or worried about what is happening in the market, that is a sign of a lack of knowledge of market movements. And it may be because of the rumors they hear that they can feel such things.Not always happens as you write, sell often even those who know that bitcoin will grow simply because of the small budget that they could spend all buying only one bitcoin and not investing anywhere else, just all this theme with a long holding is often suitable only for people who have the opportunity to forget about this money for several years without getting from the investment not a penny.
They sell in such a situation because they don't want to lose a lot of money, but the others don't sell because they know the movement of the market. Of course, if you know something about the market and such a scenario happens, you will not worry, and there is no reason for you as an investor to sell immediately if you are a long-term investor.
That is why we need to have more than one source of income for to be able to cope with this cut loss or simply the selling issue. I get it when you say only individuals who are financially were able to hodl for long or having this ironhand thing with them and it is true. Investing our hard earned money into Bitcoin will end us up panic selling so it is important for us to use only extra money to invest into Bitcoin so we don't make any wrong decisions with our investments.If anyone is panicking or worried about what is happening in the market, that is a sign of a lack of knowledge of market movements. And it may be because of the rumors they hear that they can feel such things.Not always happens as you write, sell often even those who know that bitcoin will grow simply because of the small budget that they could spend all buying only one bitcoin and not investing anywhere else, just all this theme with a long holding is often suitable only for people who have the opportunity to forget about this money for several years without getting from the investment not a penny.
They sell in such a situation because they don't want to lose a lot of money, but the others don't sell because they know the movement of the market. Of course, if you know something about the market and such a scenario happens, you will not worry, and there is no reason for you as an investor to sell immediately if you are a long-term investor.
I don't think that this is enough reason to panic. If someone invests a small amount of money into Bitcoin and expects it to grow in the long run, then they should hold on to their investment and not sell it in a panic. If they cannot afford to forget about the money they invested and hold on to it for a longer duration, then they shouldn't have invested in the first place. Investing requires a proper strategy, even when selling. If someone panics and sells their Bitcoin due to a sudden drop in its value, it indicates a lack of knowledge about investing in Bitcoin. Unless they have another strategy and plan to buy back at a lower price or invest in another coin.
I completely agree with you, but those who sell in panic will not agree because they also wanted to make a lot of money but do not calculate their forces and budget, not everyone has a lot of money for a long holding, many think that holding means holding an asset for 1-2 months and that's it and not as it usually happens 1-2 years.I don't think that this is enough reason to panic. If someone invests a small amount of money into Bitcoin and expects it to grow in the long run, then they should hold on to their investment and not sell it in a panic. If they cannot afford to forget about the money they invested and hold on to it for a longer duration, then they shouldn't have invested in the first place. Investing requires a proper strategy, even when selling. If someone panics and sells their Bitcoin due to a sudden drop in its value, it indicates a lack of knowledge about investing in Bitcoin. Unless they have another strategy and plan to buy back at a lower price or invest in another coin.If anyone is panicking or worried about what is happening in the market, that is a sign of a lack of knowledge of market movements. And it may be because of the rumors they hear that they can feel such things.Not always happens as you write, sell often even those who know that bitcoin will grow simply because of the small budget that they could spend all buying only one bitcoin and not investing anywhere else, just all this theme with a long holding is often suitable only for people who have the opportunity to forget about this money for several years without getting from the investment not a penny.
They sell in such a situation because they don't want to lose a lot of money, but the others don't sell because they know the movement of the market. Of course, if you know something about the market and such a scenario happens, you will not worry, and there is no reason for you as an investor to sell immediately if you are a long-term investor.
That is why we need to have more than one source of income for to be able to cope with this cut loss or simply the selling issue. I get it when you say only individuals who are financially were able to hodl for long or having this ironhand thing with them and it is true. Investing our hard earned money into Bitcoin will end us up panic selling so it is important for us to use only extra money to invest into Bitcoin so we don't make any wrong decisions with our investments.Yeah if you already have more than two sources of income, you don't need to think about cutting losses because that will only make you lose money. When you trade by just making normal purchases and sales without using the future trading method and are stuck at high prices, you are still You can leave it until the price goes up again, whereas if you need money, then there are other sources of income so that your economy is not disrupted.
why do people panic and sell their coins throw some light on this topic and share your opinionIt would be nice if you could give some more details on what you mean. It is partly true that when the price of Bitcoin starts going down, people sell it. Those who have proper knowledge about Bitcoin and understand its future potential easily know how much Bitcoin will increase in the future. Most people don't doubt that holding Bitcoins is 100 times better than selling them. But only a few people who don't know about it will sell it instead of holding it as soon as it falls in value.
And this is where regrets do start to kick in on which on the time that they've seen Bitcoin did make out some pump after they have sold then they would eventually be having those kind of regretswhy do people panic and sell their coins throw some light on this topic and share your opinionIt would be nice if you could give some more details on what you mean. It is partly true that when the price of Bitcoin starts going down, people sell it. Those who have proper knowledge about Bitcoin and understand its future potential easily know how much Bitcoin will increase in the future. Most people don't doubt that holding Bitcoins is 100 times better than selling them. But only a few people who don't know about it will sell it instead of holding it as soon as it falls in value.
the basic reason is not wanting to lose more. but this only applies to beginners who don't understand the existing cycleAs you said, they are beginners in Bitcoin trading and of course they also have a strong feeling of panic.
As time goes by, there will be no panic if the market experiences a decline where you already understand a little about the cycle in BTC.
People are afraid of lossing their money due to lower price but they have no knowledge that as price can go down so it can also go up according to the market. People should afraid if their holded coins are not stronger but if they hold bitcoin, etheruem and other strong coins then there should be no option instead of waiting for accurate timings.Only those people who dont have enough experience and knowledge would really be having these kind of reactions on which they would really be having impressions that
People when enter into the market then they learn everything and they decide not be be panic but its natural that whenever they see their money dropping then they wants to accept little Loss instead of losing whole money. If they stay firm on their decision to not be afraid of dip then they will not see any loss but will achieve according to their patience and efforts.
Maybe many have answered the reasons why people panic to sell when the BTC price falls. And usually this only happens to those who don't have enough experience in the crypto market or in bitcoin. Because for most of us who already have some experience in understanding BTC prices, when a correction occurs, we actually accumulate more BTC ourselves.Usually when they panic when the price moves down, it is because they buy Bitcoin using the money they need in the near future because they think that by entering Bitcoin they will have the potential to increase the money they have quickly, so a correction occurs, making them panic and sell at a loss. But for them, those who are experienced will not be affected and understand that Bitcoin price movements will go up and down, and they also understand how to buy Bitcoin using money that will not be used in the near future so that trading becomes calmer.
But right now I have a question. Why do many panic sell when the BTC price has touched 50k USD? ;D the reason is actually quite common. But I want to hear from all my friends here.
-snip-They just want to take profits faster, and they are afraid that Bitcoin will fall to the price of $30k-$40k again,
But right now I have a question. Why do many panic sell when the BTC price has touched 50k USD? ;D the reason is actually quite common. But I want to hear from all my friends here.
Usually when they panic when the price moves down, it is because they buy Bitcoin using the money they need in the near future because they think that by entering Bitcoin they will have the potential to increase the money they have quickly, so a correction occurs, making them panic and sell at a loss. But for them, those who are experienced will not be affected and understand that Bitcoin price movements will go up and down, and they also understand how to buy Bitcoin using money that will not be used in the near future so that trading becomes calmer.
Usually when they panic when the price moves down, it is because they buy Bitcoin using the money they need in the near future because they think that by entering Bitcoin they will have the potential to increase the money they have quickly, so a correction occurs, making them panic and sell at a loss. But for them, those who are experienced will not be affected and understand that Bitcoin price movements will go up and down, and they also understand how to buy Bitcoin using money that will not be used in the near future so that trading becomes calmer.The beginner in cryptocurrency trading get panic when price moving down, difficult tell them hold their bitcoin assets when bearish moment because after correction has moment for bitcoin recovery and return back to higher price. Bad mindset for the beginner with bitcoin is quick way to earn much profitable without think risk face later with bitcoin price moving down and how get ready or keep calm face with bitcoin in lower price.
why do people panic and sell their coins throw some light on this topic and share your opinion
People who have good knowledge, they won't panic because of the drop in Bitcoin price. I think many people already have good knowledge, there will be no much panic anymore. but for some people who just know Bitcoin, they may have a chance to feel panic. Sure, they may consider to sell their Bitcoin but they may buy again then. This way is very risky because people don't know when the right time to buy or sell their Bitcoin. :-\Yeah you are right, it is normal that there are still many people who easily panic about Bitcoin's price movements collapsing like some time ago. In 2022, Bitcoin will also see its price movements collapsing, which is the work of the global elite, who are trying to create conditions for exchanges. panicked and made the price of Bitcoin collapse to $16k, and after that, they tried to recover the price to this high. I'm sure those who sold at the bottom price are very sorry to see the price of Bitcoin this expensive.
why do people panic and sell their coins throw some light on this topic and share your opinion
People who have good knowledge, they won't panic because of the drop in Bitcoin price. I think many people already have good knowledge, there will be no much panic anymore. but for some people who just know Bitcoin, they may have a chance to feel panic. Sure, they may consider to sell their Bitcoin but they may buy again then. This way is very risky because people don't know when the right time to buy or sell their Bitcoin. :-\
People who have good knowledge, they won't panic because of the drop in Bitcoin price. I think many people already have good knowledge, there will be no much panic anymore. but for some people who just know Bitcoin, they may have a chance to feel panic. Sure, they may consider to sell their Bitcoin but they may buy again then. This way is very risky because people don't know when the right time to buy or sell their Bitcoin. :-\Don't forget, knowledge does not = fear. There are different kinds of manipulation. One of them, through news, as practice shows, works perfectly well on beginners. In general, quite a few types of manipulation. In advance, if the user does not know how to control emotions. It is possible to lose everything. The manipulators of this market, have and will have one goal. To take assets from you and me. Any of the sales = return of assets to them. The more bitcoins and/or other cryptocurrency they have. The more manipulation there will be.
When the market started to dump, many panicked and sold their coins. In that case one may have the intention to sell at that time and buy again when the price falls. many people sell fearing that they may not be recovered. There may be other reasons for panic selling. but whoever sells for whatever reason can never be a tight holder. And anyone who can't hold their coins tightly and panic sell their coins will never get any good out of crypto. no cryptocurrency coin is ever pumped or dumped at a fixed time. So you must be patient if you want to get any good out of it.To those who dont have enough knowledge and experience then they are the ones who do really make out such move. Why? they are afraid that their investment would come to zero
When the market started to dump, many panicked and sold their coins. In that case one may have the intention to sell at that time and buy again when the price falls. many people sell fearing that they may not be recovered. There may be other reasons for panic selling. but whoever sells for whatever reason can never be a tight holder. And anyone who can't hold their coins tightly and panic sell their coins will never get any good out of crypto. no cryptocurrency coin is ever pumped or dumped at a fixed time. So you must be patient if you want to get any good out of it.
Yeah you are right, it is normal that there are still many people who easily panic about Bitcoin's price movements collapsing like some time ago. In 2022, Bitcoin will also see its price movements collapsing, which is the work of the global elite, who are trying to create conditions for exchanges. panicked and made the price of Bitcoin collapse to $16k, and after that, they tried to recover the price to this high. I'm sure those who sold at the bottom price are very sorry to see the price of Bitcoin this expensive.Yes, it is normal because there are still many new holders. Those new holders never experienced the previous bearish and bullrun season, they have no experience and knowledge to deal with the situation. Although they understand that crypto market and Bitcoin price will never be stable. But they may still have no strong mentality.
Don't forget, knowledge does not = fear. There are different kinds of manipulation.Knowledge = no fear (brave). We will be brave if we have the knowledge.
They sold in panic, that is the worst thing you can do. It should be the other way around, as the saying goes, "the time to buy is when there's blood in the streets.".When there is bad news and the price of Bitcoin collapses, it is natural for people to panic and sell their Bitcoin assets at low prices. So far, there are still many traders who cannot control their emotions well, thus making themselves easily influenced by exchange conditions that have uncertain movements.
Yo don't know if those who sold are going to buy again as you have said, it's their emotions, they panic and I think that is a negative emotion and that they felt that the market is bad. It's more of a mentality for me, or at least if you have experience panic before, maybe you have learned your lessons and take it in a positive way not to sell, but to buy as the price is very low and scoop that crypto from those noobs, just saying.
They sold in panic, that is the worst thing you can do. It should be the other way around, as the saying goes, "the time to buy is when there's blood in the streets.".When there is bad news and the price of Bitcoin collapses, it is natural for people to panic and sell their Bitcoin assets at low prices. So far, there are still many traders who cannot control their emotions well, thus making themselves easily influenced by exchange conditions that have uncertain movements.
Yo don't know if those who sold are going to buy again as you have said, it's their emotions, they panic and I think that is a negative emotion and that they felt that the market is bad. It's more of a mentality for me, or at least if you have experience panic before, maybe you have learned your lessons and take it in a positive way not to sell, but to buy as the price is very low and scoop that crypto from those noobs, just saying.
A person's intelligence in investing is not only choosing the right coin at the right time to buy it, but intelligence that manages emotions when there is bad news without panic. so that there is no panic selling.As you have said, investing requires being able to control your emotions well because if you want to invest in cryptocurrency, you must already know the risks involved, of course you have to use money that will not be used in the near future so that it won't make you too stressed seeing price movements.
A person's intelligence in investing is not only choosing the right coin at the right time to buy it, but intelligence that manages emotions when there is bad news without panic. so that there is no panic selling.As you have said, investing requires being able to control your emotions well because if you want to invest in cryptocurrency, you must already know the risks involved, of course you have to use money that will not be used in the near future so that it won't make you too stressed seeing price movements.
Investing requires understanding the risks, as you said we have to use money that will not be used in the near future. why panic when the price of bitcoin goes down, it could be because he invests with money from debt and it could be that he has no experience in the world of crypto.Panic can also arise when someone is afraid of the bearish Bitcoin price and doesn't want to incur further losses. When bearish trends hit, many people start to panic because they can't predict where the BTC price will end up. Those with weak hands and improper money allocation will quickly sell their assets to avoid major losses.
Investing requires understanding the risks, as you said we have to use money that will not be used in the near future. why panic when the price of bitcoin goes down, it could be because he invests with money from debt and it could be that he has no experience in the world of crypto.Panic can also arise when someone is afraid of the bearish Bitcoin price and doesn't want to incur further losses. When bearish trends hit, many people start to panic because they can't predict where the BTC price will end up. Those with weak hands and improper money allocation will quickly sell their assets to avoid major losses.
Instances like this are often found among new investors who haven't fully grasped investment concepts and strategies. They solely focus on profits and green candlesticks, whereas during bearish markets, there are other opportunities to increase wealth through buybacks and DCA..
Investing requires understanding the risks, as you said we have to use money that will not be used in the near future. why panic when the price of bitcoin goes down, it could be because he invests with money from debt and it could be that he has no experience in the world of crypto.I agree with what you say, therefore investment must be aware of the risk of hanging, the asset can fall to its base price without your knowledge, you must know and pay attention that Bitcoin has no guarantee of increasing the price.
why do people panic and sell their coins throw some light on this topic and share your opinionNot all people panic when the market drops after investing in Bitcoin. People who don't have enough experience with the Bitcoin market are afraid to invest a small amount and think that they will lose more if they learn less. But the real investors here never panic about their investment when the bitcoin market goes down because they have enough experience about bitcoin and the bitcoin market and how the positions can be created in the market. I myself once used to panic when the Bitcoin market went down, but now that I have enough experience here, I never feel panicked when the market goes down.
why do people panic and sell their coins throw some light on this topic and share your opinionNot all people panic when the market drops after investing in Bitcoin. People who don't have enough experience with the Bitcoin market are afraid to invest a small amount and think that they will lose more if they learn less. But the real investors here never panic about their investment when the bitcoin market goes down because they have enough experience about bitcoin and the bitcoin market and how the positions can be created in the market. I myself once used to panic when the Bitcoin market went down, but now that I have enough experience here, I never feel panicked when the market goes down.
Not only human feeling, If they are newbie who lack the experience when hear the word " fall" they will be panic. Panic selling will make us lost alot. Invest in crypto need knowledge and experience. It I feel at the beginning I invested in crypto, when fall I taught I will lost. But several my friends suggest keep calm and hold.+ Few have forgotten for the mass media. Their importance, too, is not insignificant. Have you ever wondered why, when BTC falls by (-5-10%), negative news is instantly released? All this is interconnected. Those who don't understand or don't (realize) = sell/panic/don't know what to do with the asset. Subsequently, over the long haul = they lose everything they bought.
why do people panic and sell their coins throw some light on this topic and share your opinionActually Some people do this not all people. We saw some people panic and sell their coins i think they are newest in crypto. When market gose down then new members of crypto were panic and they sell their coins.
On the otherhand whales and big investors buy coin in deep. They know characteristics of cryptocurrency market. And they buy more and more coin. They never be panic and comparative new comers in cryptocurrency market were panic when market were down.Usually, when they panic when they see cryptocurrency price movements collapsing, they are traders who are still just learning, and of course, sometimes traders like that are also traders who use capital that is not free, meaning that the money will probably be used soon, making them panic when the price collapses, even though the cryptocurrency when the price collapses can still be saved and they can wait until the price recovers again, as is happening now.
On the otherhand whales and big investors buy coin in deep. They know characteristics of cryptocurrency market. And they buy more and more coin. They never be panic and comparative new comers in cryptocurrency market were panic when market were down.Usually, when they panic when they see cryptocurrency price movements collapsing, they are traders who are still just learning, and of course, sometimes traders like that are also traders who use capital that is not free, meaning that the money will probably be used soon, making them panic when the price collapses, even though the cryptocurrency when the price collapses can still be saved and they can wait until the price recovers again, as is happening now.
If we can understand well on how to speculate the market, the moment we sense that the market is going dip from the signal received, we will quickly try to cut the loss and hold till it got to the least bear and then we pick it up from there again, this is part of the strategies in which the trader make use of to cut their loss and also buy the dip, most especially the short time trades in cryptocurrency.actually sometimes it is not Cutting losses but Buying low selling high , if we believe that dumping is coming then best to sell your funds and wait for the price to drops down again and purchase more and more.
Some people panic and sell their bitcoin assets investment when price drop because they are scaring with bitcoin price potential more dropping than current price, seems normally for the beginner and some one in trading scared with their bitcoin assets values decreasing more and sell their bitcoin before more dropping price.let them feel the scare because they are the one who does not understand what they are investing and does not know what are their future in crypto so they are afraid of losing even a cent.
Need to be more patience in bitcoin investment, I don't think easily to earn much profit if still scare and get panic selling when bitcoin price fall in values, many time bitcoin success recovery and return back to the higher price why have to panic for selling bitcoin if price dump.
You are right, newbies will panic when they see prices go down, that takes a long time to learn. Because experience, knowledge and skills as well as accurate analysis are really needed by a trader. Especially those who don't use cold money or the money will soon be used up, he will be more panicked. You need cold money and experience if you want to become a professional trader.Yes, we need enough experience and knowledge to make us more calm when we see a price drop or correction. New people entering this space will certainly panic and it is very natural because maybe they have not experienced the same thing before or their knowledge is not extensive, and it can be learned over time.
Yes, we need enough experience and knowledge to make us more calm when we see a price drop or correction. New people entering this space will certainly panic and it is very natural because maybe they have not experienced the same thing before or their knowledge is not extensive, and it can be learned over time.We cannot deny that experience in crypto and knowledge that continues to be honed to better understand will provide the ability to be more patient in seeing situations that are likely to quickly change, improve or be corrected. Panic is a human thing that anyone can experience, but again, I agree with you because it usually happens because someone has never experienced it, so it is necessary to continue to hone your knowledge and learn continuously.
You are also right, cold money or money that is not used for other needs is one of the keys to making us calmer in holding bitcoin for a long time, it is very influential.
Lacking of experience in the market. I was like that when I was playing out the buy and sell and I thought that it's like a nothing to be worried. But when a person is new to the market, after seeing the price of BTC going down, what will come to his mind at the first glance is about his portfolio is dropping and losing them all. That's the reason why many panics, they don't have enough experience and tenure in the market because they think that it is the end of the world.Newbies are always afraid of losing too much it is the same as regretting selling your assets too early instead of holding them.
Lacking of experience in the market. I was like that when I was playing out the buy and sell and I thought that it's like a nothing to be worried. But when a person is new to the market, after seeing the price of BTC going down, what will come to his mind at the first glance is about his portfolio is dropping and losing them all. That's the reason why many panics, they don't have enough experience and tenure in the market because they think that it is the end of the world.
That's the point, fear and panic are human nature, it's experience and knowledge that makes it all better. I won't deny that I had my share of fear and panic in the beginning. But after understanding, it went away on its own.Yes, we need enough experience and knowledge to make us more calm when we see a price drop or correction. New people entering this space will certainly panic and it is very natural because maybe they have not experienced the same thing before or their knowledge is not extensive, and it can be learned over time.We cannot deny that experience in crypto and knowledge that continues to be honed to better understand will provide the ability to be more patient in seeing situations that are likely to quickly change, improve or be corrected. Panic is a human thing that anyone can experience, but again, I agree with you because it usually happens because someone has never experienced it, so it is necessary to continue to hone your knowledge and learn continuously.
You are also right, cold money or money that is not used for other needs is one of the keys to making us calmer in holding bitcoin for a long time, it is very influential.
That's right, make investments or whatever if you can use funds that are not connected to calculated needs, because if you experience a loss it won't be involved in your daily life, and won't cause more panic and wrong steps in anticipation.
Newbies are always afraid of losing too much it is the same as regretting selling your assets too early instead of holding them.
When it comes to investing in Bitcoin, having experience and knowledge sometimes isn't enough to remove the fear and panic we may feel. The key to success is having a deep understanding of this type of investment, including its volatility, and knowing when to buy or sell to avoid those feelings of fear and panic.That's the point, fear and panic are human nature, it's experience and knowledge that makes it all better. I won't deny that I had my share of fear and panic in the beginning. But after understanding, it went away on its own.Yes, we need enough experience and knowledge to make us more calm when we see a price drop or correction. New people entering this space will certainly panic and it is very natural because maybe they have not experienced the same thing before or their knowledge is not extensive, and it can be learned over time.We cannot deny that experience in crypto and knowledge that continues to be honed to better understand will provide the ability to be more patient in seeing situations that are likely to quickly change, improve or be corrected. Panic is a human thing that anyone can experience, but again, I agree with you because it usually happens because someone has never experienced it, so it is necessary to continue to hone your knowledge and learn continuously.
You are also right, cold money or money that is not used for other needs is one of the keys to making us calmer in holding bitcoin for a long time, it is very influential.
That's right, make investments or whatever if you can use funds that are not connected to calculated needs, because if you experience a loss it won't be involved in your daily life, and won't cause more panic and wrong steps in anticipation.
So never stop learning at every opportunity, the passage of time is also an opportunity for us to gain experience and knowledge so that we can be better in the future. Never hesitate for that.
Lack of experience is one thing that causes panic sell and others are lack of proper knowledge about Bitcoin and also the lack of good orientation from your mentor. Some people normally invest all their money into Bitcoin with out any reserve for personal needs and desires, so if the price of the asset they invested on is dropping, they will quickly sell off because they don't want to lose their capital.I'm sure those who sold at cheap prices are very sorry because currently the price of Bitcoin has managed to break through to $60k, even though the halving is still far away but the price of Bitcoin can reach this expensive which is an extraordinary achievement, Bitcoin at the halving will be at $100k so prepare yourself by buying as much Bitcoin as you can.
Most of those people that panic sell, don't know the rules of do not invest what you can not afford to lose or the amount you can not hold for a long time.
That's the point, fear and panic are human nature, it's experience and knowledge that makes it all better. I won't deny that I had my share of fear and panic in the beginning. But after understanding, it went away on its own.Fear and panic are human nature, but that can all disappear when you have a lot of money and earn money easily because economic factors are an important consideration for human life. It could be that the money they use for trading is money that will be used in the near future, but when If you have a lot of money that is easy to get and won't be used in the near future, your panic and fear will disappear instantly.
So never stop learning at every opportunity, the passage of time is also an opportunity for us to gain experience and knowledge so that we can be better in the future. Never hesitate for that.
The knowledge I mean here is of course for all aspects related to bitcoin, we do not sort out only in a few aspects because everything is needed in investing.That's the point, fear and panic are human nature, it's experience and knowledge that makes it all better. I won't deny that I had my share of fear and panic in the beginning. But after understanding, it went away on its own.When it comes to investing in Bitcoin, having experience and knowledge sometimes isn't enough to remove the fear and panic we may feel. The key to success is having a deep understanding of this type of investment, including its volatility, and knowing when to buy or sell to avoid those feelings of fear and panic.
So never stop learning at every opportunity, the passage of time is also an opportunity for us to gain experience and knowledge so that we can be better in the future. Never hesitate for that.
Most of the time, even with the knowledge and experience, if they still don't have a deep understanding of what to do or what they are doing, they will just repeatedly make the same mistakes.
People often panic and sell their coins in the cryptocurrency market due to fear and uncertainty. When prices start dropping rapidly or when there's negative news circulating, people tend to worry about losing their investment and rush to sell before they lose more. Additionally, some investors may lack confidence in the long-term viability of certain cryptocurrencies, leading them to sell in moments of doubt. This behavior is fueled by emotions rather than rational decision-making, and it can exacerbate market volatility. In my opinion, it's important for investors to stay informed, remain level-headed, and have a clear investment strategy to avoid making impulsive decisions during times of market turbulence.
People often panic and sell their coins in the cryptocurrency market due to fear and uncertainty. When prices start dropping rapidly or when there's negative news circulating, people tend to worry about losing their investment and rush to sell before they lose more. Additionally, some investors may lack confidence in the long-term viability of certain cryptocurrencies, leading them to sell in moments of doubt. This behavior is fueled by emotions rather than rational decision-making, and it can exacerbate market volatility. In my opinion, it's important for investors to stay informed, remain level-headed, and have a clear investment strategy to avoid making impulsive decisions during times of market turbulence.
Lacking of experience in the market. I was like that when I was playing out the buy and sell and I thought that it's like a nothing to be worried. But when a person is new to the market, after seeing the price of BTC going down, what will come to his mind at the first glance is about his portfolio is dropping and losing them all. That's the reason why many panics, they don't have enough experience and tenure in the market because they think that it is the end of the world.Lacking experienced with bitcoin correction I think an acceptable reason why many people or investor panic and selling their bitcoin when its fall in values.
Lacking of experience in the market. I was like that when I was playing out the buy and sell and I thought that it's like a nothing to be worried. But when a person is new to the market, after seeing the price of BTC going down, what will come to his mind at the first glance is about his portfolio is dropping and losing them all. That's the reason why many panics, they don't have enough experience and tenure in the market because they think that it is the end of the world.Lacking experienced with bitcoin correction I think an acceptable reason why many people or investor panic and selling their bitcoin when its fall in values.
I don't think easily get panic selling for some one have much experienced and know more how possibilities happening later after bitcoin getting correction. Most of experienced in trading exactly investing in bitcoin will take advantage when many people panic for selling their bitcoin in lower price for buying back as much possible regarding their how much money having.
They will invest more when many people panic to sell bitcoin and other side have many people with much experienced in trading will buy back.
I think due to fear, uncertainty, and a lack of confidence in its recovery. But investment in crypto is a long-term game.
Most common reason could be that because it does fall crazy at times and this scares people. I do not know if I talked about this before but I believe that when you see it peak at 69k and then crash to 15k, you do panic when you see a fall. Same goes for what happened in the past, from 20k to 3k, or from 1.4k to 100 dollars. Every time there is a bear run the fall is huge and people just want to get out. Plus, there are traders out there, who want to get in and out constantly, every single day and that means they will sell. Combine these two types of people all together and you are going to get something a lot of fall.For anyone who doesn't realize how Bitcoin works, they will panic, but if they already understand the movement of Bitcoin and have a steady income, meaning their income will not decrease, then the collapse of the Bitcoin price to $15k will not make them panic. They know that Bitcoin has a limited supply, and if the price falls that low, more and more people will buy Bitcoin again, and the price will automatically recover. At least now, many of them regret it because they sold Bitcoin at a cheap price.
Most common reason could be that because it does fall crazy at times and this scares people. I do not know if I talked about this before but I believe that when you see it peak at 69k and then crash to 15k, you do panic when you see a fall. Same goes for what happened in the past, from 20k to 3k, or from 1.4k to 100 dollars. Every time there is a bear run the fall is huge and people just want to get out. Plus, there are traders out there, who want to get in and out constantly, every single day and that means they will sell. Combine these two types of people all together and you are going to get something a lot of fall.For anyone who doesn't realize how Bitcoin works, they will panic, but if they already understand the movement of Bitcoin and have a steady income, meaning their income will not decrease, then the collapse of the Bitcoin price to $15k will not make them panic. They know that Bitcoin has a limited supply, and if the price falls that low, more and more people will buy Bitcoin again, and the price will automatically recover. At least now, many of them regret it because they sold Bitcoin at a cheap price.
why do people panic and sell their coins throw some light on this topic and share your opinion
why do people panic and sell their coins throw some light on this topic and share your opinion
Many people afraid for selling their bitcoin fund when price start drop but get disappointed later after bitcoin recovering to the higher price, difficult how to face panic moment and talk to the new comer invest their money in bitcoin. Most of them can't acceptable with the moment bitcoin can recovery as well return to the higher price.why do people panic and sell their coins throw some light on this topic and share your opinion
When the price start to drop many people are afraid and sell their coins. It's call panic selling, it can lead to further drop in the price of BTC. There are some reason why this happened. Firstly people are often risk averse and don't want to lose money. People tend to follow the herd and sell as they see others selling too. Uncertainty and volatility of crypto market and can be overwhelmed for most people.
Most common reason could be that because it does fall crazy at times and this scares people. I do not know if I talked about this before but I believe that when you see it peak at 69k and then crash to 15k, you do panic when you see a fall. Same goes for what happened in the past, from 20k to 3k, or from 1.4k to 100 dollars. Every time there is a bear run the fall is huge and people just want to get out. Plus, there are traders out there, who want to get in and out constantly, every single day and that means they will sell. Combine these two types of people all together and you are going to get something a lot of fall.There is no 2nd most volatile currency in the crypto market than Bitcoin. When the market starts to bear down from a long bullish period, the level is so high that the investment can be very low in a short period of time. As it does not take time to increase, when it starts to decrease it brings it to the bottom in a very short time. Especially those investors in bullish markets who have kept their money in Bitcoin for long bearish periods. Moreover, the bearish period of Bitcoin is usually long, so the investor must invest for a long time to collect profits from it. Investing in Bitcoin can certainly be difficult for those who don't have a lot of money. Because of this, investors fear investing in Bitcoin when the price continues to fall. When the price of Bitcoin falls, all the coins in the crypto market fall massively.
why do people panic and sell their coins throw some light on this topic and share your opinion
They sell coins because of the fear of missing out?!(FOMO) i.e the newbies who just got in the crypto world. That why investing I always think of long terms.
When you do make an investment then it would really be always best that you should really be just that investing on the amount on which you can only afford to lose so that you wont really be that become that too emotional on the time that the price would really be dumping. You would really be finding yourself that being impulsive on the time that the market would really be depreciating.This is why it would really be always important that you do only invest on the amount that it is extra. Whats hard is that if you are really that making it as a source of income
They sell coins because of the fear of missing out?!(FOMO) i.e the newbies who just got in the crypto world. That why investing I always think of long terms.
Absolutely right, it is ( fomo ) and is that catalyst of fear in which a person is simply ready to get rid of everything to get something, you are right that investment is for a long time and if you have decided to invest until a certain moment, you must necessarily wait for it and do not do any actions, as if just forget and everything.
When you do make an investment then it would really be always best that you should really be just that investing on the amount on which you can only afford to lose so that you wont really be that become that too emotional on the time that the price would really be dumping. You would really be finding yourself that being impulsive on the time that the market would really be depreciating.This is why it would really be always important that you do only invest on the amount that it is extra. Whats hard is that if you are really that making it as a source of income
They sell coins because of the fear of missing out?!(FOMO) i.e the newbies who just got in the crypto world. That why investing I always think of long terms.
Absolutely right, it is ( fomo ) and is that catalyst of fear in which a person is simply ready to get rid of everything to get something, you are right that investment is for a long time and if you have decided to invest until a certain moment, you must necessarily wait for it and do not do any actions, as if just forget and everything.
then you would really be that checking out prices every now and then and this is something that you would really be needing to consider.
Exactly right, I think the same thing, just many people want to become investors without understanding these common things and think that if they have learned how to invest they can become investors but in fact everything is completely wrong and it is better to know about it and do not get involved where you do not belong and look for other ways of income.This is the most common reason why investors still miss the opportunity of making the maximum profit in holding Bitcoins. 😁 We should always learn from our mistakes if not then we will stay the same with no improvements.
Exactly right, I think the same thing, just many people want to become investors without understanding these common things and think that if they have learned how to invest they can become investors but in fact everything is completely wrong and it is better to know about it and do not get involved where you do not belong and look for other ways of income.This is the most common reason why investors still miss the opportunity of making the maximum profit in holding Bitcoins. 😁 We should always learn from our mistakes if not then we will stay the same with no improvements.
That's the point, fear and panic are human nature, it's experience and knowledge that makes it all better. I won't deny that I had my share of fear and panic in the beginning. But after understanding, it went away on its own.Of course, it is realistic that everyone will experience it at first and nothing will suddenly be able to neutralize the panic, but over time, as you said, they will be able to properly manage what happened so that it doesn't happen again or already knows what will happen.
So never stop learning at every opportunity, the passage of time is also an opportunity for us to gain experience and knowledge so that we can be better in the future. Never hesitate for that.
Exactly right, I think the same thing, just many people want to become investors without understanding these common things and think that if they have learned how to invest they can become investors but in fact everything is completely wrong and it is better to know about it and do not get involved where you do not belong and look for other ways of income.This is the most common reason why investors still miss the opportunity of making the maximum profit in holding Bitcoins. 😁 We should always learn from our mistakes if not then we will stay the same with no improvements.
Yes, we make mistakes and very often))) but without them it is impossible to understand cryptocurrency and start to earn on it, so there are a lot of bad reviews from those who do nothing but just try once to invest and not waiting for the right result loses money and then says that it is impossible to earn here.
Yes, we make mistakes and very often))) but without them it is impossible to understand cryptocurrency and start to earn on it, so there are a lot of bad reviews from those who do nothing but just try once to invest and not waiting for the right result loses money and then says that it is impossible to earn here.
Mistakes will always happen in our lives and especially in investors. Sometimes our analysis and predictions are wrong. it's humane. As I said before, the ability to control emotions is very necessary, such as fear and greed.
You have to work it out and you have to have enough money to be able to invest it, I mean the money that you can even lose or that you may not profit from for a long time, but investing is about large capital and small capital is better to use for trading.
You have to work it out and you have to have enough money to be able to invest it, I mean the money that you can even lose or that you may not profit from for a long time, but investing is about large capital and small capital is better to use for trading.
Trading is good if we are experienced there. I only trade when I have fee time, and even then only spot trading. While uniting the market. I am not a big investor, so my capital is small, I increase my capital by participating in bounty campaigns.
why do people panic and sell their coins throw some light on this topic and share your opinion
You have to work it out and you have to have enough money to be able to invest it, I mean the money that you can even lose or that you may not profit from for a long time, but investing is about large capital and small capital is better to use for trading.
Trading is good if we are experienced there. I only trade when I have fee time, and even then only spot trading. While uniting the market. I am not a big investor, so my capital is small, I increase my capital by participating in bounty campaigns.
You have to work it out and you have to have enough money to be able to invest it, I mean the money that you can even lose or that you may not profit from for a long time, but investing is about large capital and small capital is better to use for trading.
Trading is good if we are experienced there. I only trade when I have fee time, and even then only spot trading. While uniting the market. I am not a big investor, so my capital is small, I increase my capital by participating in bounty campaigns.
You just earn money on the Internet without working somewhere in one place, I may be the same as you, I do have a job, but I also do everything else and thus earn so much, and about investing I think you understand that here you either have capital or you build it up, the main thing in time to stop and start withdrawing money.
You are right, investment is done at the right time. Where we know when is the right time to buy and when to sell. If we can do this accurately, we can be sure we will make a profit. yes, even though people say crypto is volatile, it can still be analyzed and predicted even though the accuracy cannot be 100%
People panic and sell their Bitcoin when the price drops down. One reason for this that may be fearful of losing money and want their losses. On the other hand they are not prepared for volatility in the market and don't have the emotional fortitude to ride out the ups and downs. In addition, most people may not have clear investment strategy and then sell out of panic or emotions.I would say the reason for these sales is greed and cowardice to lose their assets. + People have little experience and don't know how to deal with these situations. I've always said it and I won't stop doing it.
People most oftentimes sells for fear of missing out, this will ultimately depends on the cryptocurrency we are dealing with, sometimes it more better to sell to hold and regain our asset value back by reinvestment all because we want to avoid long term loss, when the market is falling, we can choose to covert to usdt and later buy the dip again and hold, but when its an investment on a low valued cryptocurrency, we must sell at loss that the market may not rise again, Luna is a good example.
You are right, investment is done at the right time. Where we know when is the right time to buy and when to sell. If we can do this accurately, we can be sure we will make a profit. yes, even though people say crypto is volatile, it can still be analyzed and predicted even though the accuracy cannot be 100%
We are all acting on our emotions. We are more loyal to Bitcoin, so we don't sell it immediately. Those who are less loyal to Bitcoin sell it at the first stumble. In fact, we are no different from them. However, I think leveraged trades are responsible for the high volatility in the market. In the last price volatility, there was a liquidation of 100 million dollars. I think this is enough to explain everything...
Bitcoin is very volatile, we don't need to panic because bitcoin always experiences a 4 year cycle. If indeed we buy bitcoin during the bearish season at the bottom price, if we hold it until it is bullish, we don't need to panic when a correction occurs, hold it until the bullish season and drink tea.It's true, Bitcoin price movements cannot be predicted and are very volatile, but with movements like that at least it can be used by traders to make a profit by making a profit through the difference between the buying and selling prices. However, if you buy something that is very expensive when the price goes down then the estimated value is greatly reduced, so this is the risk when using Bitcoin to buy something expensive like a sports car or house.
There will always be price movements, and BTC price volatility is very high. We cannot stop or control the fluctuations or volatility of these prices. However, we must manage ourselves to understand how to take advantage of this moment of volatility.Bitcoin is very volatile, we don't need to panic because bitcoin always experiences a 4 year cycle. If indeed we buy bitcoin during the bearish season at the bottom price, if we hold it until it is bullish, we don't need to panic when a correction occurs, hold it until the bullish season and drink tea.It's true, Bitcoin price movements cannot be predicted and are very volatile, but with movements like that at least it can be used by traders to make a profit by making a profit through the difference between the buying and selling prices. However, if you buy something that is very expensive when the price goes down then the estimated value is greatly reduced, so this is the risk when using Bitcoin to buy something expensive like a sports car or house.
Bitcoin is very volatile, we don't need to panic because bitcoin always experiences a 4 year cycle. If indeed we buy bitcoin during the bearish season at the bottom price, if we hold it until it is bullish, we don't need to panic when a correction occurs, hold it until the bullish season and drink tea.The volatility on Bitcoin price is the basic thing we must know, it is the nature of Bitcoin price. Why we must be panic with the volatility in Bitcoin price? The higher volatility means the bigger chance to get more profits. Yes, we know the 4 years cycle for the bullish on Bitcoin and altcoins prices. So, we can determine when the right time to buy and sell by analyzing the 4 years cycle.
This reason with bitcoin price very volatile make holder exactly the new investor panic when dumping drastically, actually before become bitcoin investor need experience such as in other investment kind and already when price volatile and more dominance dumping. Difficult to reminder new investor how keep calm and don't to be panic with bitcoin price volatile or going drop because always has moment recover higher price back.We are all acting on our emotions. We are more loyal to Bitcoin, so we don't sell it immediately. Those who are less loyal to Bitcoin sell it at the first stumble. In fact, we are no different from them. However, I think leveraged trades are responsible for the high volatility in the market. In the last price volatility, there was a liquidation of 100 million dollars. I think this is enough to explain everything...
Bitcoin is very volatile, we don't need to panic because bitcoin always experiences a 4 year cycle. If indeed we buy bitcoin during the bearish season at the bottom price, if we hold it until it is bullish, we don't need to panic when a correction occurs, hold it until the bullish season and drink tea.
The reason why people sell their bitcoin holdings mostly is because of the assumptions that have already had about people who got them introduced to crypto "to invest in bitcoin and be rich".
One's they have such mindset and invest in bitcoin because of that. if bitcoin didn't give them the expected profits as they were told, they will be force to sell because they were told to invest in bitcoin and expect a profit in return not a loss.
Not explaining newbies the basic knowledge of Bitcoin is the most of the problem we face in crypto space because many newbies don't have the knowledge of crypto first before they invest. That's why when the price of bitcoin drops, they are all quick to sell at loss price.
Only the experienced traders or bitcoiners will see that the market is falling and they will maintain holding, others may quickly place sale order to such and immediately they are selling then the realized that the market rises back and by then they would have already loose, we should not let fear go over us when we are trading, we have to stand on our own and make sure that we are interested in the market value of the right coin investment and such will soon come when we wait for the season to arrive.I agree, that experienced traders will be able to differentiate when to sell and when to buy, because they always do good research and are not in a hurry to respond to every movement that occurs.
Investment does not make people suddenly rich, because everything requires a process. I only buy during bearish seasons and hold for 3-4 years and sell during bullish seasons. This requires a long wait, not just buying and selling to get rich, unless we have good analysis in researching new projects, buy and sell at high prices. but this is very high risk.That's right, everything that is done in this world is not easy to make them gain wealth quickly through good and correct methods. When you do something like that then it is a smart way because you can know the right moment to buy coins. If the current price is has gone up high then this is the right time to sell and get out of the exchange because there will be a time when the price of Bitcoin will collapse again and we have to make good use of this to get into cryptocurrency again.
That's right, everything that is done in this world is not easy to make them gain wealth quickly through good and correct methods. When you do something like that then it is a smart way because you can know the right moment to buy coins. If the current price is has gone up high then this is the right time to sell and get out of the exchange because there will be a time when the price of Bitcoin will collapse again and we have to make good use of this to get into cryptocurrency again.
If we are talking about selling Bitcoin now because the price has reached the previous ATH of $73K, I don't think this is the right time because the top bullish hasn't happened yet. We may have a long wait until early next year. but the decision is all yours, hold or sell. If I choose to keep holding it until Bitcoin really hits the new ATH.I think Top Bullish will not be able to predict exactly when it will occur and may only be known when cryptocurrency prices on exchanges start to collapse. Therefore, if you feel that you have made a lot of profit from Bitcoin, you can sell it immediately before the price collapses again and makes you regret it.
I think Top Bullish will not be able to predict exactly when it will occur and may only be known when cryptocurrency prices on exchanges start to collapse. Therefore, if you feel that you have made a lot of profit from Bitcoin, you can sell it immediately before the price collapses again and makes you regret it.
Actually, stay calm and hold on to our bitcoins, everyone can have analysis and predictions, there are those who warn by scaring them and there are those who encourage them by continuing to hold. What our hearts think is solid, just do itYes, continuing to believe in Bitcoin is indeed a very smart move because I believe the influence of Bitcoin is an important consideration for you to keep holding as much Bitcoin as you can. I think you don't need a lot of money and you have a job in the real world which is enough for you so when trading in Bitcoin it will be calmer like what you are doing now.
Actually, stay calm and hold on to our bitcoins, everyone can have analysis and predictions, there are those who warn by scaring them and there are those who encourage them by continuing to hold. What our hearts think is solid, just do itYes, continuing to believe in Bitcoin is indeed a very smart move because I believe the influence of Bitcoin is an important consideration for you to keep holding as much Bitcoin as you can. I think you don't need a lot of money and you have a job in the real world which is enough for you so when trading in Bitcoin it will be calmer like what you are doing now.
Actually patience and forbearance is not because we have enough income in the real world, but I think it's all because of someone's experience in investing in crypto. The more you calm down, the more you understand the character of the crypto market.
They panic when prices fall because they don't have long experience.
They panic because of the money they borrowed.
They panic because they don't want to be patient to become rich.
They panic when prices fall because they don't have long experience.
They panic because of the money they borrowed.
They panic because they don't want to be patient to become rich.
What is said actually happens in the world of crypto investment, especially I still see those who panic because they don't have long experience or even this is their first experience when facing a bearish market.They panic when prices fall because they don't have long experience.
They panic because of the money they borrowed.
They panic because they don't want to be patient to become rich.
There is some truth in your words, people panic when they see prices fall due to lack of experience and maybe borrowed money. It's true that we should use our own money, not from loans, to invest.
Actually, there are those who can use short-term trading and still make a profit. But if you want to take it safely and without risk, I agree with you that you need to be patient and saving bitcoins in the long term will certainly provide optimal results. When Bitcoin experiences a decline, of course, make a purchase and when it moves it will increase. You can still do it with DCA, adjusting it to the situation. After you have held it, wait for the halving period to finish when Bitcoin will increase and release it when you feel that the profits you have earned are deserved. Don't be greedy because the moment could be lost, and you won't be able to sell it again.They panic when prices fall because they don't have long experience.Patience is the key if you are coming to Bitcoin. There is very slight chances that you can get rich in short interval of time. Right now Bitcoin is at its peak and people are running after it and same people wont be interested in Bitcoin when it will go down. The best strategy is to buy when Bitcoin is down and HODL for right time to sell.
They panic because of the money they borrowed.
They panic because they don't want to be patient to become rich.
Actually, there are those who can use short-term trading and still make a profit. But if you want to take it safely and without risk, I agree with you that you need to be patient and saving bitcoins in the long term will certainly provide optimal results. When Bitcoin experiences a decline, of course, make a purchase and when it moves it will increase. You can still do it with DCA, adjusting it to the situation. After you have held it, wait for the halving period to finish when Bitcoin will increase and release it when you feel that the profits you have earned are deserved. Don't be greedy because the moment could be lost, and you won't be able to sell it again.
Patience is the key if you are coming to Bitcoin. There is very slight chances that you can get rich in short interval of time. Right now Bitcoin is at its peak and people are running after it and same people wont be interested in Bitcoin when it will go down. The best strategy is to buy when Bitcoin is down and HODL for right time to sell.
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. Then another reason is that, the inflation in your country can also make your to sell your coins. Like my country I will advise everyone to 50% of their bitcoins now and buy again when price go down. Because now that the National Currency is very weak and dollar is very high is the best time to sell. Because the Government is trying make sure that the National Currency has value and gain it strength and once that is achieved then the amount you can get now from 0.01 will be very low once the dollar is weak in the country even though bitcoin is high. Bitcoin investment is all calculation.Yes, that's not wrong, because there are lots of choices we can make, especially when our investment already has a profit, then either holding it longer or selling it is an option we can choose.
Exactly and most people who are not in this industry don't understand this investment process. This investment business is just a calculative business, you are planning to make profit at all time and not to lose. Those who are not buying bitcoin but have bitcoin through campaigns do not understand the market approaches. Those who use their hard earned money to invest in bitcoin would sell it in the All Time High and still use that money to buy when bitcoin is in the dip. And that is the calculative move we are talking about.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. Then another reason is that, the inflation in your country can also make your to sell your coins. Like my country I will advise everyone to 50% of their bitcoins now and buy again when price go down. Because now that the National Currency is very weak and dollar is very high is the best time to sell. Because the Government is trying make sure that the National Currency has value and gain it strength and once that is achieved then the amount you can get now from 0.01 will be very low once the dollar is weak in the country even though bitcoin is high. Bitcoin investment is all calculation.Yes, that's not wrong, because there are lots of choices we can make, especially when our investment already has a profit, then either holding it longer or selling it is an option we can choose.
We also have to be able to see the situation that is happening, so when we can take advantage of it then do it. Moreover, there is no compulsion to keep holding and there is also no compulsion to sell, because all decisions are in our own hands. This is also what makes us interested in bitcoin.
Yes, that's not wrong, because there are lots of choices we can make, especially when our investment already has a profit, then either holding it longer or selling it is an option we can choose.When you have made a lot of profit, it is best to be able to make a withdrawal immediately so that we don't miss the opportunity to sell at a high price because coin price movements are not always at the top and there will always be a moment where the price of bitcoin on the exchange collapses again.
We also have to be able to see the situation that is happening, so when we can take advantage of it then do it. Moreover, there is no compulsion to keep holding and there is also no compulsion to sell, because all decisions are in our own hands. This is also what makes us interested in bitcoin.
They panic when prices fall because they don't have long experience.True. People who have experience in the previous bullrun, they must feel calm. They know about the cycle, they know the ATH will be achieved in the next year.
They panic because of the money they borrowed.
They panic because they don't want to be patient to become rich.
why do people panic and sell their coins throw some light on this topic and share your opinionWhen the market starts to dip people sell bitcoin because they are afraid of losing their invested money. And as the panic starts all around, more selling pressure comes into the market and the market starts to dip further. Most of the people who think like this are new traders. And when the market starts to dip, those who place big sell orders actually also participate in panic selling for seasonal traders to take quick profit. So when the market starts to dip, almost everyone except diamond hand investors participate in panic selling.
why do people panic and sell their coins throw some light on this topic and share your opinionWhen the market starts to dip people sell bitcoin because they are afraid of losing their invested money. And as the panic starts all around, more selling pressure comes into the market and the market starts to dip further. Most of the people who think like this are new traders. And when the market starts to dip, those who place big sell orders actually also participate in panic selling for seasonal traders to take quick profit. So when the market starts to dip, almost everyone except diamond hand investors participate in panic selling.
Panic always exists in the world of investment, but those who have been investing for a long time don't panic because they already understand the character of the crypto market.
Actually, this is normal, because experience will make us calmer in seeing market phenomena.
The phenomenon of beginners forcing themselves to invest with hot money often happens nowadays. And the funny thing is that they don't seem to understand what investment is and how to invest in a healthy way which can only be done with cold money. But sometimes, if they are lucky, people who invest with courage can also get big profits. But the risk is that they will panic when the market moves not according to what they expected.Panic always exists in the world of investment, but those who have been investing for a long time don't panic because they already understand the character of the crypto market.
Actually, this is normal, because experience will make us calmer in seeing market phenomena.
You say everything correctly, but there are many people who simply come up with the idea that they are investors, but in fact they have 100 bucks in their pocket and they are ready (to take risks) but not to invest, so they lose their money, simply because they have no money.
You say everything correctly, but there are many people who simply come up with the idea that they are investors, but in fact they have 100 bucks in their pocket and they are ready (to take risks) but not to invest, so they lose their money, simply because they have no money.
The phenomenon of beginners forcing themselves to invest with hot money often happens nowadays. And the funny thing is that they don't seem to understand what investment is and how to invest in a healthy way which can only be done with cold money. But sometimes, if they are lucky, people who invest with courage can also get big profits. But the risk is that they will panic when the market moves not according to what they expected.
Yes, it's all about the profits we want to get, so withdrawing it after we get a profit is something we plan at the start. What is different is that everyone has a target where they will take advantage.Yes, that's not wrong, because there are lots of choices we can make, especially when our investment already has a profit, then either holding it longer or selling it is an option we can choose.Exactly and most people who are not in this industry don't understand this investment process. This investment business is just a calculative business, you are planning to make profit at all time and not to lose. Those who are not buying bitcoin but have bitcoin through campaigns do not understand the market approaches. Those who use their hard earned money to invest in bitcoin would sell it in the All Time High and still use that money to buy when bitcoin is in the dip. And that is the calculative move we are talking about.
We also have to be able to see the situation that is happening, so when we can take advantage of it then do it. Moreover, there is no compulsion to keep holding and there is also no compulsion to sell, because all decisions are in our own hands. This is also what makes us interested in bitcoin.
You are right, that investors who are not worthy to invest also use the term investment and they consider them self as a investors. I think they can't take risk. They only think that their work is done when they get trade. If one expects anything good from Bitcoin with such an idea, it is not possible to make profit rather they loss. When the market corrects by a small amount, they get worried and sell their assets even at a loss because they can't take the risk or they have no patience. They cannot really be called Bitcoin investors.Panic always exists in the world of investment, but those who have been investing for a long time don't panic because they already understand the character of the crypto market.
Actually, this is normal, because experience will make us calmer in seeing market phenomena.
You say everything correctly, but there are many people who simply come up with the idea that they are investors, but in fact they have 100 bucks in their pocket and they are ready (to take risks) but not to invest, so they lose their money, simply because they have no money.
You are right, that investors who are not worthy to invest also use the term investment and they consider them self as a investors. I think they can't take risk. They only think that their work is done when they get trade. If one expects anything good from Bitcoin with such an idea, it is not possible to make profit rather they loss. When the market corrects by a small amount, they get worried and sell their assets even at a loss because they can't take the risk or they have no patience. They cannot really be called Bitcoin investors.
Panic always exists in the world of investment, but those who have been investing for a long time don't panic because they already understand the character of the crypto market.More precisely, long term holders have better hand strength than novice investors who only form themselves to earn money and money. Trading sometimes forms a new character, and in my opinion people who are able to hold their hand to sell BTC when it is bearish are an example of a strong hand and they have great strength to welcome the bullish moment that exists in the future.
Actually, this is normal, because experience will make us calmer in seeing market phenomena.
If you use hot money, you will easily panic when prices fall and the market does not match expectations, so it is better to invest with cold money because if we are trapped in a dump market, we can still hold on and wait without the burden of having to pay monthly interest.
The phenomenon of beginners forcing themselves to invest with hot money often happens nowadays. And the funny thing is that they don't seem to understand what investment is and how to invest in a healthy way which can only be done with cold money. But sometimes, if they are lucky, people who invest with courage can also get big profits. But the risk is that they will panic when the market moves not according to what they expected.
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.
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.
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.
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.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.
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.
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.
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.
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.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.
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.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.
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.
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
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.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.
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.Every investment needs to be guided with something let say for instance, when a newbie invest a particular coin and notices some certain price increase then they should be able to take profits or pull out their capital to leave their profits with this style they have guided their investment even though the price drops they have already pull their capitals while rallying around with their profits.
However, it's not that it's not allowed, but it would be better for us to analyze it ourselves and we can compare whether the results are the same or not. Because if we immediately believe that, that would actually be a bad thing to do.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.
Every investment needs to be guided with something let say for instance, when a newbie invest a particular coin and notices some certain price increase then they should be able to take profits or pull out their capital to leave their profits with this style they have guided their investment even though the price drops they have already pull their capitals while rallying around with their profits.
But most people goes ahead take their profits leaving their capitals without knowing their profits can't be equates with their capitals except in some cases where they do have invest with little amount and at the end it yield to about 150 percent at this moment they can still pull out about 100 percent leaving 50 percent which they had already their profits.
The way you do this is one way to manage capital and profits. In this way you can become a very professional trader because you already know one step in a good way to trade. It's true that there are lots of coins in circulation but there is no guarantee of profit, whereas Top coins such as Bitcoin, BNB and Ethereum have very high profit potential.
Every investment needs to be guided with something let say for instance, when a newbie invest a particular coin and notices some certain price increase then they should be able to take profits or pull out their capital to leave their profits with this style they have guided their investment even though the price drops they have already pull their capitals while rallying around with their profits.
But most people goes ahead take their profits leaving their capitals without knowing their profits can't be equates with their capitals except in some cases where they do have invest with little amount and at the end it yield to about 150 percent at this moment they can still pull out about 100 percent leaving 50 percent which they had already their profits.
They should only take advantage if they want to use it. but the capital must still be invested, maybe you can invest in other coins, if you feel that the coin that gives you profit will be difficult to increase again, except for top coins. If it's a new coin or a hype coin, you should be careful. If I make a profit, I usually separate capital and profit. and again I invest in a different coin, if that's my method.
We can consider the predictions given by others with our intelligence. We have to first understand ourselves whether those predictions are really probable or not and then we can keep faith in them. Also, since there are a large number of coins in the market, it is best to do your own analysis. I first try to understand with my own knowledge and then try to match it with the predictions of others. People who are motivated to invest only by seeing other people's predictions are more likely to lose.However, it's not that it's not allowed, but it would be better for us to analyze it ourselves and we can compare whether the results are the same or not. Because if we immediately believe that, that would actually be a bad thing to do.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.
now will we believe in our own potential or in others? If we can't believe in ourselves more, that's something that I don't think is good, because for me self-confidence is an important part when investing. We have to believe in the potential we have, that's the point.
Yeah.. similar thing I am saying, when an investor have made profit from the invested project the next after making profits is to look for another cool project to invest. Having this mentality that altcoin are for short term investment which I fully agreed on but it should only be that while holding we can try as much as possible to sell when they are shining otherwise we could end up empty having worthless coin in our custody.
Every investment needs to be guided with something let say for instance, when a newbie invest a particular coin and notices some certain price increase then they should be able to take profits or pull out their capital to leave their profits with this style they have guided their investment even though the price drops they have already pull their capitals while rallying around with their profits.
But most people goes ahead take their profits leaving their capitals without knowing their profits can't be equates with their capitals except in some cases where they do have invest with little amount and at the end it yield to about 150 percent at this moment they can still pull out about 100 percent leaving 50 percent which they had already their profits.
They should only take advantage if they want to use it. but the capital must still be invested, maybe you can invest in other coins, if you feel that the coin that gives you profit will be difficult to increase again, except for top coins. If it's a new coin or a hype coin, you should be careful. If I make a profit, I usually separate capital and profit. and again I invest in a different coin, if that's my method.
Yeah.. similar thing I am saying, when an investor have made profit from the invested project the next after making profits is to look for another cool project to invest. Having this mentality that altcoin are for short term investment which I fully agreed on but it should only be that while holding we can try as much as possible to sell when they are shining otherwise we could end up empty having worthless coin in our custody.
This is why people are jumping into buying memecoin, since they have this belief that they can make huge profits from altcoin (memecoin), they don't like skipping any single opportunity when they said of any memecoin they would like to invest. Typical example is Shiba. Lot of people invested in Shiba and dogecoin especially when it rose from 0.001 to $0.09, then to $0.20 before finally hitting about 0.7$. With this lots of people were thinking it could gets $1 and they jumped into the market, finally the market dumped on them without knowing bear market has taken it's place.Yeah.. similar thing I am saying, when an investor have made profit from the invested project the next after making profits is to look for another cool project to invest. Having this mentality that altcoin are for short term investment which I fully agreed on but it should only be that while holding we can try as much as possible to sell when they are shining otherwise we could end up empty having worthless coin in our custody.
Very correct. Strategies like this would surely put someone on the path to earning well. Due to Bitcoin's high price and tendency to fluctuate quickly, it wouldn't make proper sense to start trading every minute, especially for young investors who aren't at the whale level or can't afford a complete unit of Bitcoin (1 Bitcoin). Bitcoin is rather a long-term investment plan. It's quite easy to trade altcoin projects because of how affordable young investors can acquire them in large quantities.
Furthermore, making profits from one project shouldn't be enough. There are several coin projects that can be monitored and can also be profitable.
It is a mentality thing. Fear of missing out and fear of losing all. Especially for beginners, I've been there before. I used to have zero trading plans or just can't stick to it once the market was shaking up but it didn't break the pattern that I initially observed.
why do people panic and sell their coins throw some light on this topic and share your opinion
why do people panic and sell their coins throw some light on this topic and share your opinionIt's because of emotion, every decision that we make it involves emotion. When they see the price going up they start buying, and when the price is going down they start selling.
It is a mentality thing. Fear of missing out and fear of losing all. Especially for beginners, I've been there before. I used to have zero trading plans or just can't stick to it once the market was shaking up but it didn't break the pattern that I initially observed.
Buy High Sell LowIt is a mentality thing. Fear of missing out and fear of losing all. Especially for beginners, I've been there before. I used to have zero trading plans or just can't stick to it once the market was shaking up but it didn't break the pattern that I initially observed.
When they see some coins to increase in value then they think that they will miss this chance and then start to invest without thinking about the price that how higher it is. On the other hand when they hold any coin and price reduces they sell their coins with loss due to fear of losing more so in both cases they accept fear but don't utilize their strong mentality.
Newbies are more likely to do this mistake because they don't know everything better as an experts knows and their main aim is to earn in a second which is not possible so in such greed they loss their money without realizing that its not the fault of crypto but its their own fault.
But most people goes ahead take their profits leaving their capitals without knowing their profits can't be equates with their capitals except in some cases where they do have invest with little amount and at the end it yield to about 150 percent at this moment they can still pull out about 100 percent leaving 50 percent which they had already their profits.
Financial ignorance could be one of the most common one. We are not teaching anything about economy to kids at all, we teach math, which is probably the closest, but not finance. They learn about history, they learn about geography, they learn even a foreign language in most cases, they learn so many things at school, and none of them learn about economy or how money works. Which I believe is intentional, because rich folk do not want kids to learn more about economy and figure out whats going on, they want obedient little workers, so that is why most people are ignorant when it comes to the market, and make moves like this.That's why the world's economic conditions can only be controlled by a few people, imagine if the whole world had lessons in managing finances properly and correctly then everyone could become rich, but that's the world, there must be poor people and there must also be rich people, so that everyone need each other and not be arrogant.
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.A lot happens, as you say, and it is a natural thing and usually happens to beginners who are afraid after seeing a downward price trend, even though that is something that has usually happened so far with Bitcoin, which will fall and rise quickly. But when we know that a time like now will enter the halving, many are still not afraid of it going down because it will definitely increase again afterward.
why do people panic and sell their coins throw some light on this topic and share your opinionYou should never think that this topic of yours is applicable to everyone because it may not occur to all holders or investors who can do market analysis. They never sell their bitcoin holdings even in dire straits if they are dumping the bitcoin market. They will never sell their bitcoins in a panic sale in the market but they will never act like such fools until they know the latest market updates.
But most people goes ahead take their profits leaving their capitals without knowing their profits can't be equates with their capitals except in some cases where they do have invest with little amount and at the end it yield to about 150 percent at this moment they can still pull out about 100 percent leaving 50 percent which they had already their profits.
This is true, but they are not to blame if they have made a profit, they take their capital back, as long as they make a profit, it doesn't matter if they sell their assets, in my opinion, what is very unfortunate is if they sell at a loss in order not to experience further losses in their minds, even though if They understand that their BTC/Crypto cycle will last until prices return to normal and can provide profits, but everyone needs patience
Financial ignorance could be one of the most common one. We are not teaching anything about economy to kids at all, we teach math, which is probably the closest, but not finance. They learn about history, they learn about geography, they learn even a foreign language in most cases, they learn so many things at school, and none of them learn about economy or how money works. Which I believe is intentional, because rich folk do not want kids to learn more about economy and figure out whats going on, they want obedient little workers, so that is why most people are ignorant when it comes to the market, and make moves like this.Yeah or it could be that the capital used in the Bitcoin investment is a hard earned money or an emergency fund that they are afraid of losing value that is I think the reason why some people will panic sell. Ignorance is no doubt one common reason as well.
If you invest in crypto, especially buying bitcoin with emergency money, it will make people panic because they are afraid of losing and afraid of being trapped in high prices. Actually, there are many ways to make cold money, by participating in airdrops, bounties, etc. Because with free money we can have more freedom to hold if prices fall.Financial ignorance could be one of the most common one. We are not teaching anything about economy to kids at all, we teach math, which is probably the closest, but not finance. They learn about history, they learn about geography, they learn even a foreign language in most cases, they learn so many things at school, and none of them learn about economy or how money works. Which I believe is intentional, because rich folk do not want kids to learn more about economy and figure out whats going on, they want obedient little workers, so that is why most people are ignorant when it comes to the market, and make moves like this.Yeah or it could be that the capital used in the Bitcoin investment is a hard earned money or an emergency fund that they are afraid of losing value that is I think the reason why some people will panic sell. Ignorance is no doubt one common reason as well.
If you invest in crypto, especially buying bitcoin with emergency money, it will make people panic because they are afraid of losing and afraid of being trapped in high prices. Actually, there are many ways to make cold money, by participating in airdrops, bounties, etc. Because with free money we can have more freedom to hold if prices fall.Yes, it would be better for us to have additional income to make us calmer in investing, it will really help us in what we do, because we probably won't think about anything else because the money we use is money that is truly free.
If you invest in crypto, especially buying bitcoin with emergency money, it will make people panic because they are afraid of losing and afraid of being trapped in high prices. Actually, there are many ways to make cold money, by participating in airdrops, bounties, etc. Because with free money we can have more freedom to hold if prices fall.That's right, it's better to buy bitcoin using money that won't be used in the near future, so that when the price falls it won't make us depressed, maybe we can also buy bitcoin in installments, so it doesn't feel like we're going to have bitcoin and when the price goes up we get a lot profit.
I do really feel out the condition on which you do only have that one source of income on which it is really that hard to make out some investment on which you cant really be able to moveIf you invest in crypto, especially buying bitcoin with emergency money, it will make people panic because they are afraid of losing and afraid of being trapped in high prices. Actually, there are many ways to make cold money, by participating in airdrops, bounties, etc. Because with free money we can have more freedom to hold if prices fall.Yes, it would be better for us to have additional income to make us calmer in investing, it will really help us in what we do, because we probably won't think about anything else because the money we use is money that is truly free.
It's difficult to have extra income, but that doesn't mean we can't get it, right? we just need to work harder to be able to have additional income. It's true that exercise is tiring, but there is a big positive value that is commensurate with our fatigue.
Financial ignorance could be one of the most common one. We are not teaching anything about economy to kids at all, we teach math, which is probably the closest, but not finance. They learn about history, they learn about geography, they learn even a foreign language in most cases, they learn so many things at school, and none of them learn about economy or how money works. Which I believe is intentional, because rich folk do not want kids to learn more about economy and figure out whats going on, they want obedient little workers, so that is why most people are ignorant when it comes to the market, and make moves like this.
buying bitcoin with unused money requires free capital, if you don't have it, it's best to buy it in installments as you said. We can buy bitcoin using the DCA method, which has been done by many crypto loversIf you invest in crypto, especially buying bitcoin with emergency money, it will make people panic because they are afraid of losing and afraid of being trapped in high prices. Actually, there are many ways to make cold money, by participating in airdrops, bounties, etc. Because with free money we can have more freedom to hold if prices fall.That's right, it's better to buy bitcoin using money that won't be used in the near future, so that when the price falls it won't make us depressed, maybe we can also buy bitcoin in installments, so it doesn't feel like we're going to have bitcoin and when the price goes up we get a lot profit.
Financial ignorance could be one of the most common one. We are not teaching anything about economy to kids at all, we teach math, which is probably the closest, but not finance. They learn about history, they learn about geography, they learn even a foreign language in most cases, they learn so many things at school, and none of them learn about economy or how money works. Which I believe is intentional, because rich folk do not want kids to learn more about economy and figure out whats going on, they want obedient little workers, so that is why most people are ignorant when it comes to the market, and make moves like this.
Yeah I personally still do airdrops and bounties that being said it is not guaranteed that it pays off our efforts and if we got free money from it, we now have capital to invest in Bitcoin. From this scenario I think no one will panic sell anymore even those who uses their extra money.If you invest in crypto, especially buying bitcoin with emergency money, it will make people panic because they are afraid of losing and afraid of being trapped in high prices. Actually, there are many ways to make cold money, by participating in airdrops, bounties, etc. Because with free money we can have more freedom to hold if prices fall.Financial ignorance could be one of the most common one. We are not teaching anything about economy to kids at all, we teach math, which is probably the closest, but not finance. They learn about history, they learn about geography, they learn even a foreign language in most cases, they learn so many things at school, and none of them learn about economy or how money works. Which I believe is intentional, because rich folk do not want kids to learn more about economy and figure out whats going on, they want obedient little workers, so that is why most people are ignorant when it comes to the market, and make moves like this.Yeah or it could be that the capital used in the Bitcoin investment is a hard earned money or an emergency fund that they are afraid of losing value that is I think the reason why some people will panic sell. Ignorance is no doubt one common reason as well.
We must be ready in all conditions if we want to invest, because in reality we will experience unexpected increases and decreases. If there is a sudden increase, perhaps it will make us happy because we can take advantage, but if a sudden decrease occurs, that is what we have to prepare for.Yes, it would be better for us to have additional income to make us calmer in investing, it will really help us in what we do, because we probably won't think about anything else because the money we use is money that is truly free.I do really feel out the condition on which you do only have that one source of income on which it is really that hard to make out some investment on which you cant really be able to move
It's difficult to have extra income, but that doesn't mean we can't get it, right? we just need to work harder to be able to have additional income. It's true that exercise is tiring, but there is a big positive value that is commensurate with our fatigue.
or even if you do see some opportunity but since you do have that short of funds then you would really be ending up on missing those opportunities on which you would really be able to have that regret on the time that you've seen that it did make out some pumps on which it would really be giving that kind of feeling which do really sucks.
When dealing up with this market then you should really be wary on the time that it would really be making out such movement. It could be making up that up or down on a significant
time and this is something a normal approach i should say.
Panic will always be there, so we have to be able to manage our emotions. Senior investors will always be calm when they see a price decline, because they understand that this is just a correction and that crypto is volatile in nature. but for those who are new to crypto will panic and be afraid of missing out, it's just a matter of time and experience
We must be ready in all conditions if we want to invest, because in reality we will experience unexpected increases and decreases. If there is a sudden increase, perhaps it will make us happy because we can take advantage, but if a sudden decrease occurs, that is what we have to prepare for.
With additional income we will remain calm as I said before, because we are in a situation where we can still cover our main needs. However, if we don't use free money, it will create panic.
Investors and whales may feel calm when the price of their assets falls because the money they have is unlimited so when the price falls they will buy again to make the price in the market stable again, of course when the price rises again the whales will immediately to make a profit withdrawal and get out of the coin so that you are not affected by any more losses.Panic will always be there, so we have to be able to manage our emotions. Senior investors will always be calm when they see a price decline, because they understand that this is just a correction and that crypto is volatile in nature. but for those who are new to crypto will panic and be afraid of missing out, it's just a matter of time and experience
We must be ready in all conditions if we want to invest, because in reality we will experience unexpected increases and decreases. If there is a sudden increase, perhaps it will make us happy because we can take advantage, but if a sudden decrease occurs, that is what we have to prepare for.
With additional income we will remain calm as I said before, because we are in a situation where we can still cover our main needs. However, if we don't use free money, it will create panic.
Panic will always be there, so we have to be able to manage our emotions. Senior investors will always be calm when they see a price decline, because they understand that this is just a correction and that crypto is volatile in nature. but for those who are new to crypto will panic and be afraid of missing out, it's just a matter of time and experience
We must be ready in all conditions if we want to invest, because in reality we will experience unexpected increases and decreases. If there is a sudden increase, perhaps it will make us happy because we can take advantage, but if a sudden decrease occurs, that is what we have to prepare for.
With additional income we will remain calm as I said before, because we are in a situation where we can still cover our main needs. However, if we don't use free money, it will create panic.
Panic will always be there, so we have to be able to manage our emotions. Senior investors will always be calm when they see a price decline, because they understand that this is just a correction and that crypto is volatile in nature. but for those who are new to crypto will panic and be afraid of missing out, it's just a matter of time and experienceWell, for beginners, managing emotions is very difficult. Because they still don't have long experience in the crypto market. So sometimes they are easily carried away by emotions and become FOMO or, conversely, they panic sell when they are at a loss. But yes, as experience increases, emotional control will become more mature, just as many pro traders say.
Most panic sales are done by people that put down too much of their investing cash in one shot.Yes, they are usually influenced by FOMO so they decide to go all in to enter and buy coins at high prices. If we realize that this year is the year to make a profit withdrawal, meanwhile buying coins is a bearish time. So as long as we have this understanding and knowledge like that, it will be easy to make a profit.
A guy that did dca from nov 2022 to march 2024 that seld when it dropped under 70k . Is not the same as I guy that purchase a whole coin in march of 2024 for 71k and got scared at the drop under 66k thus sold it all.
It is pretty simple the 1 full coin in one shot buyer has poor investment moves. Alway will and needs to stop being in the buying crypto game.
Yes, they are usually influenced by FOMO so they decide to go all in to enter and buy coins at high prices. If we realize that this year is the year to make a profit withdrawal, meanwhile buying coins is a bearish time. So as long as we have this understanding and knowledge like that, it will be easy to make a profit.In theory, it's easy, but when doing it in person it's very difficult.
It's true, for those who have just entered this space, fear and panic are something that is very natural, in fact I think we have also been in the same situation as them when we just entered the space and invested here.Panic will always be there, so we have to be able to manage our emotions. Senior investors will always be calm when they see a price decline, because they understand that this is just a correction and that crypto is volatile in nature. but for those who are new to crypto will panic and be afraid of missing out, it's just a matter of time and experience
We must be ready in all conditions if we want to invest, because in reality we will experience unexpected increases and decreases. If there is a sudden increase, perhaps it will make us happy because we can take advantage, but if a sudden decrease occurs, that is what we have to prepare for.
With additional income we will remain calm as I said before, because we are in a situation where we can still cover our main needs. However, if we don't use free money, it will create panic.
Experience and knowledge are gained due to the length of time we invest and watch the market. For beginners, they will follow FOMO and get caught up in high prices, causing them to panic. They don't buy when they are bearish even though FOMO usually occurs when they start to become bullish. They just lack experienceMost panic sales are done by people that put down too much of their investing cash in one shot.Yes, they are usually influenced by FOMO so they decide to go all in to enter and buy coins at high prices. If we realize that this year is the year to make a profit withdrawal, meanwhile buying coins is a bearish time. So as long as we have this understanding and knowledge like that, it will be easy to make a profit.
A guy that did dca from nov 2022 to march 2024 that seld when it dropped under 70k . Is not the same as I guy that purchase a whole coin in march of 2024 for 71k and got scared at the drop under 66k thus sold it all.
It is pretty simple the 1 full coin in one shot buyer has poor investment moves. Alway will and needs to stop being in the buying crypto game.
why do people panic and sell their coins throw some light on this topic and share your opinion
Beginners need time to learn so please understand, even when I was a beginner, I sometimes panicked when the price went down and just followed up buying FOMO coins, feeling like I was getting a profit, but experienced a loss because I was late selling because I was greedy.Experience and knowledge are gained due to the length of time we invest and watch the market. For beginners, they will follow FOMO and get caught up in high prices, causing them to panic. They don't buy when they are bearish even though FOMO usually occurs when they start to become bullish. They just lack experienceMost panic sales are done by people that put down too much of their investing cash in one shot.Yes, they are usually influenced by FOMO so they decide to go all in to enter and buy coins at high prices. If we realize that this year is the year to make a profit withdrawal, meanwhile buying coins is a bearish time. So as long as we have this understanding and knowledge like that, it will be easy to make a profit.
A guy that did dca from nov 2022 to march 2024 that seld when it dropped under 70k . Is not the same as I guy that purchase a whole coin in march of 2024 for 71k and got scared at the drop under 66k thus sold it all.
It is pretty simple the 1 full coin in one shot buyer has poor investment moves. Alway will and needs to stop being in the buying crypto game.
There are many reasons why people panic and sell during a downturn.I agree with your opinion that FUD makes people panic, but when that happens we should look for the source of the news and try to find the truth of the news. If I think more about it, noobs will panic easily, because beginners will panic when they see prices go down and the market turns red. They don't know that crypto's character is volatile.
- With FUD news they will panic.
- When the whales sell like Gary recently sold his GBTC the weak will panic.
- They don't want to suffer big losses.
- Fear of their portfolio going down.
- Many factors cause them to panic and sell more.
Usually this weak person does not have in-depth knowledge about bitcoin or may not have experienced how the market is bearish.
I think people like this will not be strong for long investing in bitcoin they will sell at the time of loss only.
Financial ignorance could be one of the most common one. We are not teaching anything about economy to kids at all, we teach math, which is probably the closest, but not finance. They learn about history, they learn about geography, they learn even a foreign language in most cases, they learn so many things at school, and none of them learn about economy or how money works. Which I believe is intentional, because rich folk do not want kids to learn more about economy and figure out whats going on, they want obedient little workers, so that is why most people are ignorant when it comes to the market, and make moves like this.
The main reason is to secure capital. :D :D Maybe not all of them, but at least many have the same dream, why invest in the crypto market with Hope and confidence to become rich after engaging in crypto investment, moreover, we see many coins other than BTC soaring with irrational returns in just a few days or even hours.
Speculation on new coins is now increasing because it is used as the main strategy to make money quickly regardless of the risk itself. It is true that in the end it returns different investment strategies and one thing is certain. Investment in BTC is a pure one.
It's actually a matter of fear because the price is going down and, at that time, buying at a price that is close to that. It is certain that everyone is also afraid, because the opportunity to make a profit can be delayed. It doesn't matter whether you are a beginner or an experienced one, if you can get a profit as soon as possible, it will certainly be better. Usually, those with experience know that the price will rise again and can hold it back [at most they will lose time], but for beginners, they are certainly worried, they will definitely sell as long as they don't make a big loss.Beginners need time to learn so please understand, even when I was a beginner, I sometimes panicked when the price went down and just followed up buying FOMO coins, feeling like I was getting a profit, but experienced a loss because I was late selling because I was greedy.Experience and knowledge are gained due to the length of time we invest and watch the market. For beginners, they will follow FOMO and get caught up in high prices, causing them to panic. They don't buy when they are bearish even though FOMO usually occurs when they start to become bullish. They just lack experienceMost panic sales are done by people that put down too much of their investing cash in one shot.Yes, they are usually influenced by FOMO so they decide to go all in to enter and buy coins at high prices. If we realize that this year is the year to make a profit withdrawal, meanwhile buying coins is a bearish time. So as long as we have this understanding and knowledge like that, it will be easy to make a profit.
A guy that did dca from nov 2022 to march 2024 that seld when it dropped under 70k . Is not the same as I guy that purchase a whole coin in march of 2024 for 71k and got scared at the drop under 66k thus sold it all.
It is pretty simple the 1 full coin in one shot buyer has poor investment moves. Alway will and needs to stop being in the buying crypto game.
I think that some people don’t want to and sell their Bitcoin; it is not in very good financial condition and therefore they sell their Bitcoin without calculating their strength. I think that they are the same as all other investors. They are looking to buy Bitcoin and ride it for many years, in fact, the majority someone does not understand that you should keep bitcoins for 3-4 years and not touch the money you investedFor long-term holding, it's a minimum of 3-4 years, as you said. It's very difficult if we don't have free money, because every human being has needs that sometimes we suddenly need, and selling the bitcoin even though the price hasn't gone up, sometimes cuts losses. Panic will always exist if short and medium term holding with money that will be used in the near future and the price of bitcoin falls. This is a dilemma, if we don't have free money, it's better to trade.
I think that some people don’t want to and sell their Bitcoin; it is not in very good financial condition and therefore they sell their Bitcoin without calculating their strength. I think that they are the same as all other investors. They are looking to buy Bitcoin and ride it for many years, in fact, the majority someone does not understand that you should keep bitcoins for 3-4 years and not touch the money you investedFor long-term holding, it's a minimum of 3-4 years, as you said. It's very difficult if we don't have free money, because every human being has needs that sometimes we suddenly need, and selling the bitcoin even though the price hasn't gone up, sometimes cuts losses. Panic will always exist if short and medium term holding with money that will be used in the near future and the price of bitcoin falls. This is a dilemma, if we don't have free money, it's better to trade.
I think that some people don’t want to and sell their Bitcoin; it is not in very good financial condition and therefore they sell their Bitcoin without calculating their strength. I think that they are the same as all other investors. They are looking to buy Bitcoin and ride it for many years, in fact, the majority someone does not understand that you should keep bitcoins for 3-4 years and not touch the money you invested
I think that some people don’t want to and sell their Bitcoin; it is not in very good financial condition and therefore they sell their Bitcoin without calculating their strength. I think that they are the same as all other investors. They are looking to buy Bitcoin and ride it for many years, in fact, the majority someone does not understand that you should keep bitcoins for 3-4 years and not touch the money you invested
Again, emphasizing on the second paragraph. Someone who invested with their personal funds( also what they can afford to lose), will always be calm no matter the direction of the market, especially when they are on a long term HODLING. But, someone who took a loan with a collateral will never be at ease when the market swings the other way round. These are some of the factors that make people just sell prematurely.
Anyone can sell at loss when they are not strong emotionally. One thing is to invest another is to be emotionally strong to hold on even when the market direction is against you. Another good factor to consider is to know how urgent the investor will need his capital. If the investor will be need his money back soonest, they will be in a haste to sell in order not to get their capital stocked.
But if the investor used the money that they will not be needing urgently, they might not sell hastily and they will wait till the price reverses.
that's the fact, that we alway see in crypto currency. People isn't strong emotionally will be panic when see bitcoin fall, they will cut loss. Investing and trading need good skill to manage emotions. Keep calm and learn about the market conditions. If you are panic you will lose a lot. better to hold and wait.
I think that some people don’t want to and sell their Bitcoin; it is not in very good financial condition and therefore they sell their Bitcoin without calculating their strength. I think that they are the same as all other investors. They are looking to buy Bitcoin and ride it for many years, in fact, the majority someone does not understand that you should keep bitcoins for 3-4 years and not touch the money you invested
The fact that one might need to sell their Bitcoins due to a financial situation proves that one shouldn't invest money that they might need shortly because you never know how much time it might take for your investment to turn profitable and you wouldn't want to sell your assets at a loss just because you need the money you have invested.
This is why, people should only invest the money that they know isn't needed now or won't be needed anytime soon and once you have invested it, it should be your decision when to sell it and that decision shouldn't be a forced or compelled decision.
3-4 years? that is the cycle because of Halving bitcoin and from what our experience says? changing from dumping to hyping is what 4 years happened in the years .I think that some people don’t want to and sell their Bitcoin; it is not in very good financial condition and therefore they sell their Bitcoin without calculating their strength. I think that they are the same as all other investors. They are looking to buy Bitcoin and ride it for many years, in fact, the majority someone does not understand that you should keep bitcoins for 3-4 years and not touch the money you investedFor long-term holding, it's a minimum of 3-4 years, as you said. It's very difficult if we don't have free money, because every human being has needs that sometimes we suddenly need, and selling the bitcoin even though the price hasn't gone up, sometimes cuts losses. Panic will always exist if short and medium term holding with money that will be used in the near future and the price of bitcoin falls. This is a dilemma, if we don't have free money, it's better to trade.
I think that some people don’t want to and sell their Bitcoin; it is not in very good financial condition and therefore they sell their Bitcoin without calculating their strength. I think that they are the same as all other investors. They are looking to buy Bitcoin and ride it for many years, in fact, the majority someone does not understand that you should keep bitcoins for 3-4 years and not touch the money you invested
Saving of bitcoin is good but it is also necessary that take advantage whenever you think that its better for you because once Bull season passes then you will have no chance to take advantage for another four years.
I don't say that bitcoin does not increase in price but the increase which takes after halving does not exists during any month of the year. Buying and selling alternatively accordant with the market is also beneficial step and one should do it without keeping bitcoin for years.
What can you recommend that is profitable long term hodling or just take profit on every surge? This is not actually for me but for others who are still undecided what to do with their investments since I already messed up my investments with Altcoins. 😅 I had to start over again but I had to find the best way possible to cover those losses maybe from Bitcoin if I had the chance.I think that some people don’t want to and sell their Bitcoin; it is not in very good financial condition and therefore they sell their Bitcoin without calculating their strength. I think that they are the same as all other investors. They are looking to buy Bitcoin and ride it for many years, in fact, the majority someone does not understand that you should keep bitcoins for 3-4 years and not touch the money you invested
Saving of bitcoin is good but it is also necessary that take advantage whenever you think that its better for you because once Bull season passes then you will have no chance to take advantage for another four years.
I don't say that bitcoin does not increase in price but the increase which takes after halving does not exists during any month of the year. Buying and selling alternatively accordant with the market is also beneficial step and one should do it without keeping bitcoin for years.
Naturally, there is no point in storing bitcoins for 10 years, for example, if you buy it in 2 years when the price should roll back, you can wait another two years when the price starts to rise and then sell it, or during this time you can buy and sell it, accumulating more and more and eventually sell it anyway at halving.
why do people panic and sell their coins throw some light on this topic and share your opinion
Those that panic and sell whenever there's a falls in value, are mostly those who are in for short-term profits. So they would have to sell to cut losses and to prevent their funds from getting stuck ( have to wait till there's increase in price). While those that are in for long-term holding, won't be in panic instead they would take it as an opportunity to buy more bitcoin as the price drop , because they have already have the mindset of holding Bitcoin for long.
Yes, because of experience and knowledge, they panic when they see prices going down. If they understand the habits and character of Bitcoin, they will be calm and wait because after a correction the market will rise again.Those that panic and sell whenever there's a falls in value, are mostly those who are in for short-term profits. So they would have to sell to cut losses and to prevent their funds from getting stuck ( have to wait till there's increase in price). While those that are in for long-term holding, won't be in panic instead they would take it as an opportunity to buy more bitcoin as the price drop , because they have already have the mindset of holding Bitcoin for long.
Mostly, panic sellers are people who are afraid of loss, which means that they make their investments thinking that they will earn profit and as soon as they see the market going down and their portfolio losing value, they can't control their emotions because they don't want to lose their money and they don't have enough knowledge to understand that the market will eventually go up again.
So it's mostly because of a lack of knowledge and understanding about the market. If a person knows that the market does correct itself and goes back up, they wouldn't panic and sell their assets out of the fear of losing their money.
Exactly, with just the basic knowledge one can actually start accumulating Bitcoin, but still one need to learn more about Bitcoin as he or she continues their holding in order to understand and see the potential bitcoin possess. So that they can really understand that no matter the decreases In price, bitcoin would surely bounce back stronger with time . So there's no need for one to be panicking when holding the right assetYes, because of experience and knowledge, they panic when they see prices going down. If they understand the habits and character of Bitcoin, they will be calm and wait because after a correction the market will rise again.Those that panic and sell whenever there's a falls in value, are mostly those who are in for short-term profits. So they would have to sell to cut losses and to prevent their funds from getting stuck ( have to wait till there's increase in price). While those that are in for long-term holding, won't be in panic instead they would take it as an opportunity to buy more bitcoin as the price drop , because they have already have the mindset of holding Bitcoin for long.
Mostly, panic sellers are people who are afraid of loss, which means that they make their investments thinking that they will earn profit and as soon as they see the market going down and their portfolio losing value, they can't control their emotions because they don't want to lose their money and they don't have enough knowledge to understand that the market will eventually go up again.
So it's mostly because of a lack of knowledge and understanding about the market. If a person knows that the market does correct itself and goes back up, they wouldn't panic and sell their assets out of the fear of losing their money.
Yes, because of experience and knowledge, they panic when they see prices going down. If they understand the habits and character of Bitcoin, they will be calm and wait because after a correction the market will rise again.Many people who invest in Bitcoin have no enough knowledge and experience. That makes them easily feel panic when the price drops significantly. They must still feel optimistic if they have good knowledge. It is because they understand it is a normal drop. The bullish season is still very long time, it won't end soon. Specifically that we still have a halving, it is the time for Bitcoin price to increase again significantly.
I consider one thing, the more you know about bitcoin the less you want to stop buying and the desire to want to have it in Hodl mode will increase, it is a fact that a Sale right now at this moment is a very wrong decision, you would be tempted against the most basic things, in the world Investing in bitcoin is a friendly investment, it is not like Investing in stocks or investing in Disney, Apple, like in the stock market, it is not like that, these investments Require waiting at least 8 to 10 years to see if you win or not, but Warren Buffet himself says it, I think that in that aspect his books show it as something true, but in the new era, the Youngest know that the future is Bitcoin, they know that fiat money There will not be much support in the economy traditional and Young people now Want to have their Lives safe.
Exactly, with just the basic knowledge one can actually start accumulating Bitcoin, but still one need to learn more about Bitcoin as he or she continues their holding in order to understand and see the potential bitcoin possess. So that they can really understand that no matter the decreases In price, bitcoin would surely bounce back stronger with time . So there's no need for one to be panicking when holding the right asset
What can you recommend that is profitable long term hodling or just take profit on every surge? This is not actually for me but for others who are still undecided what to do with their investments since I already messed up my investments with Altcoins. 😅 I had to start over again but I had to find the best way possible to cover those losses maybe from Bitcoin if I had the chance.
If we have small capital, it is best to trade to gain profits to increase our assets in crypto, because if we just hold and wait we cannot quickly increase our crypto assets. You can also join airdrop and bounty campaigns, this is also an effective method
What can you recommend that is profitable long term hodling or just take profit on every surge? This is not actually for me but for others who are still undecided what to do with their investments since I already messed up my investments with Altcoins. 😅 I had to start over again but I had to find the best way possible to cover those losses maybe from Bitcoin if I had the chance.
I don’t think that you’ve spoiled anything. Well, most likely just gain experience and try different opportunities if you didn’t manage to make money on altcoins and of course you can just buy bitcoins and wait for what I suggested. I meant that you are different if you have little money then you shouldn’t just buy and wait, but you can increase your number of bitcoins
What's even worse is not only the lack of knowledge they had before investing in Bitcin, but also the expectations that were so high for them. Because, indeed, one of the things that makes someone want to invest in Bitcoin is the very attractive profits, especially if they find out about this from influencers or the media they see for just a moment. without any in-depth information or risks. So his expectation when investing in Bitcoin is to get high profits and gains quickly.Yes, because of experience and knowledge, they panic when they see prices going down. If they understand the habits and character of Bitcoin, they will be calm and wait because after a correction the market will rise again.Many people who invest in Bitcoin have no enough knowledge and experience. That makes them easily feel panic when the price drops significantly. They must still feel optimistic if they have good knowledge. It is because they understand it is a normal drop. The bullish season is still very long time, it won't end soon. Specifically that we still have a halving, it is the time for Bitcoin price to increase again significantly.
I feel like the most important part is lack of experience, because when you do not know what you are doing then you do end up with a mistake, but when you are aware of what you are doing and have been here for a long time then you gain experience that allows you to hold better. If you have been around for many years, you see a lot of drops and you see that it gets better after a while so that type of trust that you gain from experience ends up helping you hold it. Whereas, if you are a newbie and lacking experience, every drop seems like end of the deal for you and that's why you sell quicker.We need a long time to gain experience, so we don't panic when we see a market dump. because this is not a long term, just a correction, and the price of bitcoin and altcoins will recover again. keep holding and wait until the crypto market rises again.
I don’t think that you’ve spoiled anything. Well, most likely just gain experience and try different opportunities if you didn’t manage to make money on altcoins and of course you can just buy bitcoins and wait for what I suggested. I meant that you are different if you have little money then you shouldn’t just buy and wait, but you can increase your number of bitcoinsIf we have small capital, it is best to trade to gain profits to increase our assets in crypto, because if we just hold and wait we cannot quickly increase our crypto assets. You can also join airdrop and bounty campaigns, this is also an effective method
I PURCHASED btc today because it fell.
The fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.
Bro, I completely agree with you 1000%, it’s bad that not everyone on the forum understands this and doesn’t want to do anything with their own hands, and judging by what they write, most of them just want to buy Bitcoin and wait for some unrealistic price for it, don’t forget about The fact is that the price of Bitcoin is manipulative and one cannot be sure that it will constantly grow by hundreds of percent; even falling and rising is enough for traders, the main thing is that it is constant.
The fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.
Bro, I completely agree with you 1000%, it’s bad that not everyone on the forum understands this and doesn’t want to do anything with their own hands, and judging by what they write, most of them just want to buy Bitcoin and wait for some unrealistic price for it, don’t forget about The fact is that the price of Bitcoin is manipulative and one cannot be sure that it will constantly grow by hundreds of percent; even falling and rising is enough for traders, the main thing is that it is constant.
.I PURCHASED btc today because it fell.
Congrats...Diamond Hands. And you'll look back on this moment with pride. You know the rest of the story :)
When prices fall, It's tough, but most of us have experienced worse.
If we are afraid today and do not buy more with this dip, we won't make money in the future. And we are in the wrong business.
Let's keep the bigger picture in mind, as history shows, recovery can be swift.
The fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.
The fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.
People who buy Bitcoin and hold it for a long time, no matter whether there are increases or decreases or whether the news is good or bad, they still hold it. and there are investors who trade with bitcoin, buying when it is cheap and selling when they have made a profit. There are many ways to make profits in cryptoThe fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.
As long as we don't give people the money they used to buy bitcoin, we can stop them from taking profits, beside we have our own ways of making profits from Bitcoin, some people will hold in every season no matter the bad news and some people will buy and sell as the news come and go and we have traders that daily trade even without any news. Profits is profits after all and even people that are doing the longer hold of Bitcoin will eventually sell one day.
People who buy Bitcoin and hold it for a long time, no matter whether there are increases or decreases or whether the news is good or bad, they still hold it. and there are investors who trade with bitcoin, buying when it is cheap and selling when they have made a profit. There are many ways to make profits in crypto
As long as we don't give people the money they used to buy bitcoin, we can stop them from taking profits, beside we have our own ways of making profits from Bitcoin, some people will hold in every season no matter the bad news and some people will buy and sell as the news come and go and we have traders that daily trade even without any news. Profits is profits after all and even people that are doing the longer hold of Bitcoin will eventually sell one day.
People who buy Bitcoin and hold it for a long time, no matter whether there are increases or decreases or whether the news is good or bad, they still hold it. and there are investors who trade with bitcoin, buying when it is cheap and selling when they have made a profit. There are many ways to make profits in cryptoWell, 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.
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.
This is the advantage of bitcoin compared to others because no one can intervene and move according to trading at any time, so the price cannot be measured and known with certainty. In fact, the more actively bitcoin move, the more profitable it will be for traders to continue selling and buying quickly.That's right, everything must be done yourself by analyzing it well before taking any action, because the profit or loss that will be affected is you yourself, who have the funds, not someone else who provides information that you might consider to be correct.There are many reasons why people are worried about selling Bitcoin when it goes down, but they shouldn't do it now because it is approaching halving.The fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.
Bro, I completely agree with you 1000%, it’s bad that not everyone on the forum understands this and doesn’t want to do anything with their own hands, and judging by what they write, most of them just want to buy Bitcoin and wait for some unrealistic price for it, don’t forget about The fact is that the price of Bitcoin is manipulative and one cannot be sure that it will constantly grow by hundreds of percent; even falling and rising is enough for traders, the main thing is that it is constant.
If the price of bitcoin falls and has not yet entered the bearish season, it is best to hold until the bullish season occurs. The rise and fall of Bitcoin is due to the manipulative funds of whales. As long as there is no bad news hitting the global economy, Bitcoin will rise again according to its habits in each seasonThis is the advantage of bitcoin compared to others because no one can intervene and move according to trading at any time, so the price cannot be measured and known with certainty. In fact, the more actively bitcoin move, the more profitable it will be for traders to continue selling and buying quickly.That's right, everything must be done yourself by analyzing it well before taking any action, because the profit or loss that will be affected is you yourself, who have the funds, not someone else who provides information that you might consider to be correct.There are many reasons why people are worried about selling Bitcoin when it goes down, but they shouldn't do it now because it is approaching halving.The fluctuation in the price of bitcoin allows us to make a profit. I also agree that we have to do it ourselves based on our own research and analysis, because it is at our own risk. We can trade to gain profits and increase our crypto assets, if we have the knowledge and skills as a trader.
Bro, I completely agree with you 1000%, it’s bad that not everyone on the forum understands this and doesn’t want to do anything with their own hands, and judging by what they write, most of them just want to buy Bitcoin and wait for some unrealistic price for it, don’t forget about The fact is that the price of Bitcoin is manipulative and one cannot be sure that it will constantly grow by hundreds of percent; even falling and rising is enough for traders, the main thing is that it is constant.
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.
why do people panic and sell their coins throw some light on this topic and share your opinionBitcoin price is not stable and we have seen from past history that Bitcoin price dump much more than its ATH but after a long time pump again much more and create new ATH as well. But it takes a long time but not everyone has the patience to hold the bitcoins until then, so they panic and sell the bitcoins to protect themselves from a major crash. many people do not have full confidence in Bitcoin and sell it in panic. so not everyone's reason for panic selling is the same.
In fact, those who have been investing in bitcoin and altcoins for a long time understand the movement of the 4-year cycle. Why should we panic if we buy it during a bearish season and hold it for 3-4 years until the bullish season comes. The panic occurs because the money used is not free money, if they use money that is not needed in the near future, they will remain calm when the market dumps.why do people panic and sell their coins throw some light on this topic and share your opinionBitcoin price is not stable and we have seen from past history that Bitcoin price dump much more than its ATH but after a long time pump again much more and create new ATH as well. But it takes a long time but not everyone has the patience to hold the bitcoins until then, so they panic and sell the bitcoins to protect themselves from a major crash. many people do not have full confidence in Bitcoin and sell it in panic. so not everyone's reason for panic selling is the same.
In fact, those who have been investing in bitcoin and altcoins for a long time understand the movement of the 4-year cycle. Why should we panic if we buy it during a bearish season and hold it for 3-4 years until the bullish season comes. The panic occurs because the money used is not free money, if they use money that is not needed in the near future, they will remain calm when the market dumps.What do you mean by free money? we all get money not for free, we have to do quite hard work or maybe quite light work to get money, even small children who get money sometimes have to do activities first and their parents give them money as a form of appreciation for what they have done . So when it comes to money, you have to be careful where you put the money you have.v
If you are a complete noob then you would really be definitely making yourself having that kind of reaction on which it would really be that common but on the time that you do able to makewhy do people panic and sell their coins throw some light on this topic and share your opinionBitcoin price is not stable and we have seen from past history that Bitcoin price dump much more than its ATH but after a long time pump again much more and create new ATH as well. But it takes a long time but not everyone has the patience to hold the bitcoins until then, so they panic and sell the bitcoins to protect themselves from a major crash. many people do not have full confidence in Bitcoin and sell it in panic. so not everyone's reason for panic selling is the same.
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.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.
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.
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.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.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.
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 accurateIf 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.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.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.
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
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 enoughActually, 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.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 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.
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 beforeIf 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.
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
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.
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.
There are some people who expect high return on investment in a short period of time. They get worried if the price of Bitcoin drops even a little. They are anxious to sell bitcoin quickly in fear of losing. After all that, the result is that those investors lose. Investing in bitcoin a Investors must have a long-term perspective. Otherwise they are more likely to lose than gain. As Bitcoin is more volatile, many people sell their Bitcoins to avoid risk and this act increases their losses rather than their gains.There are many people here who have discussed and argued that Bitcoin is a coin that is suitable for long-term investment, so buy it when it is bearish and hold. because that's a safer way to profit from bitcoin. We don't need to care about corrections and negative news, because the price of bitcoin will rise again
Many people investing are all or nothing.Most that are doing these are newbies who want to maximize their profits, and they believe that going all in on one investment is the way.
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There are some people who expect high return on investment in a short period of time. They get worried if the price of Bitcoin drops even a little. They are anxious to sell bitcoin quickly in fear of losing. After all that, the result is that those investors lose. Investing in bitcoin a Investors must have a long-term perspective. Otherwise they are more likely to lose than gain. As Bitcoin is more volatile, many people sell their Bitcoins to avoid risk and this act increases their losses rather than their gains.There are many people here who have discussed and argued that Bitcoin is a coin that is suitable for long-term investment, so buy it when it is bearish and hold. because that's a safer way to profit from bitcoin. We don't need to care about corrections and negative news, because the price of bitcoin will rise again
This should be the case, ignore all bad news if you want to make a profit from Bitcoin, but newcomers will definitely panic if there is a quite tragic decline like yesterday. Old players are used to this because they already understand the BTC movement cycle.Old players in crypto are used to -50% and even that won't make them sell it,
Old players in crypto are used to -50% and even that won't make them sell it,What do you mean?
will even continue to add to their bags when the spare money is still available.
After all, what he feared with bitcoin's decline,Old players mustn't feel afraid Bout the FUDs.
it was even a good opportunity to start accumulating and making more profits when the price of Bitcoin reached a new ATH.
Easy to say on not to make yourself that caring about price conditions on which on the time that you are seeing that its decreasing and giving out that kind of worrying but if you are an old timer then you would really be definitely dont care about on the market condition since you are getting used to it. Only newbies would really be having those kind of reactions on the time that you would really be able to encounter these price declines but of course it would really be just that depending on how experienced your are on crypto space. Panic is normal since we dont really like on losing money but on the time that you do have that awareness and experience then it wont really be an issue.There are some people who expect high return on investment in a short period of time. They get worried if the price of Bitcoin drops even a little. They are anxious to sell bitcoin quickly in fear of losing. After all that, the result is that those investors lose. Investing in bitcoin a Investors must have a long-term perspective. Otherwise they are more likely to lose than gain. As Bitcoin is more volatile, many people sell their Bitcoins to avoid risk and this act increases their losses rather than their gains.There are many people here who have discussed and argued that Bitcoin is a coin that is suitable for long-term investment, so buy it when it is bearish and hold. because that's a safer way to profit from bitcoin. We don't need to care about corrections and negative news, because the price of bitcoin will rise again
Easy to say on not to make yourself that caring about price conditions on which on the time that you are seeing that its decreasing and giving out that kind of worrying but if you are an old timer then you would really be definitely dont care about on the market condition since you are getting used to it. Only newbies would really be having those kind of reactions on the time that you would really be able to encounter these price declines but of course it would really be just that depending on how experienced your are on crypto space. Panic is normal since we dont really like on losing money but on the time that you do have that awareness and experience then it wont really be an issue.
What do you mean?I mean, new players who are stuck with -50% losses usually won't survive, and they will panic so much that they cut losses and intend to move on to other coins that might return those losses sooner.
If we -50, surely we don't want to sell the coins. What for?
For the long term holders, they will sell the coins if it reached 100% at least.
Old players mustn't feel afraid Bout the FUDs.Incumbents are indeed tougher and already know what to do when FUD comes and the market goes into bearish mode.
We have experienced this many times in the past. When Bitcoin wants to reach a bigger price, it never becomes so easy. There should be many negative news, it may try to stop Bitcoin but it will never stop Bitcoin.
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.
I won’t argue, but all my friends don’t do this. Perhaps your circle of acquaintances is precisely the kind of people who invest simply without thinking about where they invest and how to do it, so you claim that the majority do just that.
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.
I won’t argue, but all my friends don’t do this. Perhaps your circle of acquaintances is precisely the kind of people who invest simply without thinking about where they invest and how to do it, so you claim that the majority do just that.
Many does not mean the majority. It is subjective term. I would venture to say that at least 50000 people in the world are over invested in crypto and they will tend to be the panic sellers.