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

[Captain Corporate]

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.

[MUGNIA]

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

[TopT3ns]

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.

[yohananaomi]

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.
Wherever you are, if you do panic sell, you will definitely experience losses.

[Celsius]

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

You 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 those investors who can't deal with the situation or get overly greedy and invest because they think that their investment might be zero as soon as the market is dumped, that's why they panic sell.

[SmartGold01]

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

For me there are few things possible, let say if investment is made upon assets that are not reputable and I sense some serious dip,  don't mind selling at the lost just to protects my assets from further losing. But if I hold some reputable coin, such as BTC, BNB, LTC, Matic and Solana I won't just haste to sell them off rather I will hold them because I know they are reputable coin and can last for long term. But for those memecoin that are flying regularly online if I hold such coin then I will sell to secure my investment because those coin mostly comes with overhype making the investors won't know when the coin could dump on them.

[0t3p0t]

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.

[dekafee79]

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.

[$crypto$]

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.

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.

[TopT3ns]

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.

[milewilda]

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.

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.

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
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.

[Gurujebs]

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.

When people sell their coins or assets because they think the price is falling is indeed because they lack financial knowledge but let's be honest, bitcoin isn't stable and you can't predict what next and as a trader, their responsibility lies upon the profit they can make from the market and not accumulating Bitcoin, so when anytike they sell their coins, there is no reason to crucified them for selling, after all we all after profits.

Bitcoin isn't a stable asset and when it fall, the volatility is always high, it can do -20% decrease in a day, selling and rebuying is another way some people avoid unnecessary losses in this market.

[legend45]

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.

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 lovers

[Gladitorcomeback]

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 could be the foundation of the problem, however, don't we have a life after school as well? And aren't we supposed to be learning new things and getting into subjects that we like and want to pursue our careers and lives in? We do, so it becomes our and our elders' responsibility to make us learn things that we might need in the future such as financial literacy which is extremely important.

Besides, a person is supposed to learn these things as they age. When you become an adult, become mature enough, you should already know how you can handle money and finances if you are literate because despite the fact that you were not taught the subject specifically, you should have a general idea and understanding how things work.

[0t3p0t]

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.

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.