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

[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.

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.

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

[debra]

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.

[LUCKMCFLY]

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

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.

[Wiseman]

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

[legend45]

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

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

[vegasus]

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.

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.

Well, while the crypto market, including Bitcoin, is volatile, it doesn't always go up continuously. So the price will definitely go up and down, there will definitely be a market correction. and many people understand. that's a normal thing. But for those who really don't understand, it will make them think that they have lost. In the end, because he was afraid because the Bitcoin value was decreasing over time, he immediately closed and in the end he lost. This is what creates problems in Bitcoin development that are not based on sufficient knowledge.

[Captain Corporate]

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.

[philipma1957]

I PURCHASED btc today because it fell.

[doc]

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.

[Wiseman]

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

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

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.

[koang]

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.

[DAMKAR]

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.

[Wiseman]

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.

Of course, there must be knowledge in trading and it must be very good, but there is a saying (One in the field is not a Warrior), this means that it is better to take advantage of others and spy on what others are doing and know how to do analysis, you can double-check yourself so as not to make mistakes because everything related to money is a very dangerous job and it’s always better to be on the safe side

[philipma1957]

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.

.

 It went up from 62k to 66k since I bought it.

[LUCKMCFLY]

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.

Yes, I am a person that when I see the price of Bitcoin Going up or Down I have to Hurry up to take advantage of the market, but sometimes it is difficult, since with the rumor of war between Iran and Israel, there could be an era of Panic , but come on, it is very Difficult for an investor to make bearish movements to get something out of the Market , Investors will have their thoughts only on winning and they will wait for the movement that is Beneficial to them , that is why investment is sometimes a difficult task where you have to complete with a lot of patience, because sometimes I don't have the correct vision of the market and I appeal to leaving bitcoin there in hodl Mode, because for me it is safer to make the changes that way, in the case that I say that I have the correct Vision of the market then I take a risk with little money, but it is difficult to tell an investor that he makes moves like a Market speculator.