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Bitcoin Forum / Re: Why do people panic and sell their bitcoin when it falls in value?
« on: March 22, 2024, 03:56:32 AM »why do people panic and sell their coins throw some light on this topic and share your opinionWhen the market starts to dip people sell bitcoin because they are afraid of losing their invested money. And as the panic starts all around, more selling pressure comes into the market and the market starts to dip further. Most of the people who think like this are new traders. And when the market starts to dip, those who place big sell orders actually also participate in panic selling for seasonal traders to take quick profit. So when the market starts to dip, almost everyone except diamond hand investors participate in panic selling.
Panic always exists in the world of investment, but those who have been investing for a long time don't panic because they already understand the character of the crypto market.
Actually, this is normal, because experience will make us calmer in seeing market phenomena.