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Author Topic: Why do people panic and sell their bitcoin when it falls in value?  (Read 18726 times)

Offline Gurujebs

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #105 on: February 16, 2024, 03:47:23 PM »
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.

In some cases, it's not like that. It's because they have margin position which can be liquidated if they don't sell as soon as possible. Some people don't trade spot bitcoin because they are always after bigger profit. What they do is they borrowed using leverage to tripple their capital and they go either long or short to trade and when it doesn't go as plan, the quickly rush to either sell or close the position so as to avoid liquidation, if you are liquidated you are going to lose your capital together.

The best way to avoid all this problem is to make sure they don't engage in leverage trading especially people that trade futures where they can use leverage upto 25x and a small volatile market can make them lose all they have but people don't just learn, they love taking risk that always hurt them later.
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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #105 on: February 16, 2024, 03:47:23 PM »

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Offline bounceback

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #106 on: February 16, 2024, 05:30:00 PM »
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.
Important way when investing in bitcoin use free money without emergency needed in short term, bitcoin profitable need hold for long term and must prepare capital don't use for short near future moment.

Offline I-Bit

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #107 on: February 16, 2024, 11:33:12 PM »
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.  :-\


Offline Dr.Bitcoin_Strange

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #108 on: February 18, 2024, 10:09:33 AM »
why do people panic and sell their coins throw some light on this topic and share your opinion

This is mostly because people refuse to first acquire adequate knowledge about Bitcoin before going into it. Some people who go into Bitcoin Investment have this strong belief that Bitcoin is the most profitable crypto asset (which is true) but they fail to realize that in order to reap the benefits that Bitcoin offers, you'll need to follow the right Investment approach. They believe all they need to do is buy Bitcoin and when they just buy Bitcoin today, the price will continue to rise with their investment and they'll start making profit. But ask them what's a dip, they can't tell, what's a bear market, they dont know, and what's a bull run, they still can't say. That is why, after buying and then a dip hits the market, for fear of loosing all their money to the dip, they take out their money leaving them in loss.

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #109 on: February 18, 2024, 12:58:23 PM »
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.

Offline Evgenklm

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #110 on: February 19, 2024, 09:35:01 AM »
why do people panic and sell their coins throw some light on this topic and share your opinion

I believe that panic in the cryptocurrency market mainly stems from uncertainty and lack of information. When prices start to fluctuate or drop, people may fear losing their investments and make impulsive selling decisions. However, in most cases, such reactions only exacerbate market volatility and can lead to significant losses.I usually diversify my portfolio and don't invest all my funds in one cryptocurrency or asset to keep my nerves calm.
« Last Edit: February 19, 2024, 09:45:42 AM by Evgenklm »
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Offline Jamal Aezaz

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #111 on: February 20, 2024, 07:01:02 PM »
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.  :-\

Now almost every person know about bitcoin and they believe about its success so I don't think that they will ever be effected by dump in bitcoins price because they know the fact that all these dumps are for little duration and will last very soon.

If someone is selling their bitcoin at lower worth then it does not mean that he is fear about losing money but he is preparing himself to sell their bitcoin at higher price to buy again at lower worth because it will gives them huge profit.

Now its time to wait little more if price goes down then buy more and if price remains increasing then don't sell but wait more because Bull season is not very far and that's the time for which everyone is waiting.
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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #111 on: February 20, 2024, 07:01:02 PM »


Offline JISAN

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #112 on: February 21, 2024, 10:03:15 AM »
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.

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #113 on: February 21, 2024, 10:13:14 AM »
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.

P.S. My advice is simple. Double-check information, don't jump to conclusions, and generally read less from unknown sources.  8)
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Online milewilda

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #114 on: February 21, 2024, 10:29:30 AM »
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
but if they are someone who do have that knowledge and experience then they would really be doing the opposite and this is something that very normal. Pros are once those newbies too
and on the time that they had gained experience overtime then they do able to make themselves that able to bare out with the volatility of this market. Making themselves aware
and come prepared anytime that the market would really be having that kind of volatility. Once you are wary of things then this is where you would see that you could handle it on your own.

Offline Baofeng

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #115 on: February 21, 2024, 11:36:09 PM »
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.

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.".

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.

Offline I-Bit

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #116 on: February 21, 2024, 11:51:49 PM »
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.


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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #117 on: February 22, 2024, 01:31:09 PM »
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.".

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.
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.

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #118 on: February 22, 2024, 01:46:49 PM »
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.".

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.
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.

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.
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Offline IvugeoEvolutionCoin

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Re: Why do people panic and sell their bitcoin when it falls in value?
« Reply #119 on: February 23, 2024, 11:55:55 PM »
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.

 

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