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

[Wiseman]

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

[rizqillah]

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

For 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.

[LUCKMCFLY]

One of the reasons why many sell when the price of bitcoin falls is because the person is not used to experiencing those types of emotions, they feel that they have done everything wrong and they do not have enough patience to let things go well and calmly. It is common, anyone can get desperate if they see that their capital begins to fall, that is why to invest, not only in bitcoin but in any asset, you have to be patient, you have to monitor it and you have to Establish limits, particularly I would not worry about Bitcoin, because I know that it is an asset that will rise in price at any moment, however to have that clarity sometimes you have to read a lot, know the limits of Bitcoin, what it represents in the world, what It represents in life, as is its impact on the economy, all this has a lot to do with the way we see things, that is why investing in bitcoin will always be very good.

[Wiseman]

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

For 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.

Yes Absolutely right. I also agree with you and I tell everyone that you don’t have a lot of money and there is no passive income. I need to bother with investments that imply that you should invest the money that you don’t need and that you won’t take on credit if If you don't have enough money, it's better to learn trading and make money from it.

[Jamal Aezaz]

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.

[Gladitorcomeback]

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.

[KingsDen]

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.

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.

[Wiseman]

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.

This is exactly what I wrote about. Already several times, those who consider themselves investors are not really investors because investors cannot be some ordinary worker who simply saves $100 a month or two and buys Bitcoin. And in fact, then he he will need money and he will sell Bitcoin at a minus price. And what kind of investor is he after this?

[bitterguy28]

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

For 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.

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 .
but the problem is if you don't know what you are entering then better not to deal with crypto.

[Thyplaymaker]

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.

[Wiseman]

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.

[0t3p0t]

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.

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.

[gunhell16]

why do people panic and sell their coins throw some light on this topic and share your opinion

When you are not really deep in trading, it is not surprising that traders who are new to it panic immediately because of their lack of knowledge in this field of the crypto space. Of course, the number one thing they immediately think of is to continue breaking the coins or crypto they hold.

So the tendency in the end is that they will be forced to sell their coins because the coins they hold may have zero value, but the truth is that it will not really happen.

[Gladitorcomeback]

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.

[doc]

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.