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

[Jamal Aezaz]

It's hard to be a diamond hand, but will try for four years to hold it.

I believe most of them are selling BTC because they are short of cash and they think when the price drops it is better to sell at a 20% loss than to lose more later.

There are still some people who are more concerned with investing without thinking about how emergency funds should be prepared.

That's why it is always suggested that you don't use that amount of cash which you have to use in your daily routine because you will not be able to wait longer and you will need money for daily uses while Bitcoin will be in dip so obviously if you sell then you will be in loss.

Before Investment you should be prepared for each type of situation and you should accept the fact that selling when there is a dump will be completely unsafe. Investment in Bitcoin cannot give you anything Unless you follow certain rules and regulations and once you invest then you should not take your money back until it grows to give you payback.

[salad daging]

It's hard to be a diamond hand, but will try for four years to hold it.

I believe most of them are selling BTC because they are short of cash and they think when the price drops it is better to sell at a 20% loss than to lose more later.

There are still some people who are more concerned with investing without thinking about how emergency funds should be prepared.

That's why it is always suggested that you don't use that amount of cash which you have to use in your daily routine because you will not be able to wait longer and you will need money for daily uses while Bitcoin will be in dip so obviously if you sell then you will be in loss.

Before Investment you should be prepared for each type of situation and you should accept the fact that selling when there is a dump will be completely unsafe. Investment in Bitcoin cannot give you anything Unless you follow certain rules and regulations and once you invest then you should not take your money back until it grows to give you payback.

I had prepared everything before the investment started.
The monthly salary is not entirely for investment, in fact it is only set aside 20% of the total salary and 10% for emergency funds 60% more for our daily needs.

If you don't do that then for me it will be easier to sell bitcoin at any time if the cash runs out, but if you do good management at the beginning then your investment will be safe and not sold when an urgent situation comes.

[$crypto$]

In trading, everyone has their own skills and strategies, including those who trade in futures. I prefer short term, only when I'm trapped, I'll hold to wait for the market to improve.

This is something that ready traders should have, yes they must have the skills and strategies that they will use to trade, because if they use their own strategy it will make it easier for them, rather than following other people's strategies which in my opinion will confuse us when you have to make a decision.

We can follow other people, but don't swallow it wholeheartedly, I mean we can modify the strategy to make it friendly for us.

[JoyMarsha]

It's hard to be a diamond hand, but will try for four years to hold it.

I believe most of them are selling BTC because they are short of cash and they think when the price drops it is better to sell at a 20% loss than to lose more later.

There are still some people who are more concerned with investing without thinking about how emergency funds should be prepared.

Hodling bitcoin for four years is not an easy journey to say, when you don't have a job or something doing to back yourself up financially, not sell your bitcoin for a loss price.

The majority have planned to hodl their bitcoin for up to four years, but the lack of saving up on rainy days made them sell so that they won't get wet on those days it rains. Forgetting that after it rains, it dries up for one to have a smooth journey toward their bitcoin investment. However, one should get prepared on rainy days on time, than hitting on it by surprise