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

[Gladitorcomeback]

Yes, people who usually sell off because of panic are people who don't have good knowledge about Bitcoin. Bitcoin is a volatile asset, and most experienced Bitcoiners are already aware of it, so they can hold their coin for up to five years without selling it.
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Panic selling is always being the big problem for investor and trader in crypto world. As you said they don't have good knowledge and also experience.
Keep calm is not easy, when we see the market down. We should have good prediction and analysis why the market go down.
Talking about experience, pump and dump in bitcoin is nature,  If we invest in crypto along time , we don't be panic when down.

By the way, keeping a hold is very easy, a person can hold, but the hold creates a problem at the time when all your dollars are at a loss, that is, you are seeing with your own eyes that the coins that I have bought now am losing 20 percent, 30 percent of what is held, so at that time, the person is very worried, that is, at that time, it comes to the heart of the person that I will just sell t, because I will lose more. Can't, that is, the one who has more loss can create a lot of problems, so holding is a very easy task, but controlling it means bearing your loss. This is the biggest river of heart. Its not for the faint hearted.

The most important thing thing in holding is need too much money. Whenever a person has much money for holding them he can never sell in loss and always will be waiting for profit in these coins which have already down from his buying price.

[goaldot]

Yes, some people sell their bitcoin as soon as they heard any negative news. They started panicking to the extent they sell off their investments to avoid stories. But, I don't sell mine. I need to know the source of the news and how it will affect the market price. Not every news online is real. Most of them are fake.

[de_prof]

Yes, some people sell their bitcoin as soon as they heard any negative news. They started panicking to the extent they sell off their investments to avoid stories. But, I don't sell mine. I need to know the source of the news and how it will affect the market price. Not every news online is real. Most of them are fake.

yeah , we should know what happens and what will affect to market or not.
we will always hear about negative news, but It's just issues. No worries about this..Keep calm and don't panic selling, you will lose if you're panic.

[Wiseman]

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

These are very common cases, if it were otherwise cryptocurrency would not be volatile and no one would want to earn there, mostly those who drain they simply do not have the opportunity and they do not have extra money to hold on for a few months or years.

[Doctor]

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

These are very common cases, if it were otherwise cryptocurrency would not be volatile and no one would want to earn there, mostly those who drain they simply do not have the opportunity and they do not have extra money to hold on for a few months or years.

Absolutely yes, the volatility of crypto currency make the investors want to gain profit from it.
They buy low , hold and sell when high .
Panic is nature, but don't panic selling. Because It will always happen in crypto , we will always see the market seems volatile.
Keep calm and wait. The market will recover again.

[elbans89]

what the reason prefer invest in bitcoin and crypto? because It's volatile. So why we must be panic when bitcoin goes down? Pump and dump it's normal in crypto currency. We can buy more when dump and sell when pump. No one can control bitcoin  , it make bitcoin is so volatile.

[Wiseman]

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

These are very common cases, if it were otherwise cryptocurrency would not be volatile and no one would want to earn there, mostly those who drain they simply do not have the opportunity and they do not have extra money to hold on for a few months or years.

Absolutely yes, the volatility of crypto currency make the investors want to gain profit from it.
They buy low , hold and sell when high .
Panic is nature, but don't panic selling. Because It will always happen in crypto , we will always see the market seems volatile.
Keep calm and wait. The market will recover again.

Sometimes the market may not recover, I mean for a particular coin that may not rise further, so those who hold altcoins that are not in the top 10 or more but have the potential to rise may not show that rise.

[owlest]

what the reason prefer invest in bitcoin and crypto? because It's volatile. So why we must be panic when bitcoin goes down? Pump and dump it's normal in crypto currency. We can buy more when dump and sell when pump. No one can control bitcoin  , it make bitcoin is so volatile.

There are several reasons why people may choose altcoins over bitcoin. Some may not be familiar with bitcoin, while others may prefer altcoins due to their potential for higher growth. However, for long-term investors like myself and many others, bitcoin is the preferred option.

[LogitechMouse]

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

It's the nature of a human being to panic when bad things happen to them.

This is a shitty analogy, but people tend to panic when they're getting robbed for the first time, right? I'm not saying all, but most of them are. It's the same with investing, people tend to panic when they're getting robbed. Robbed because they're losing their money with their investments. People tend to panic if they experienced it for the first time, and it's  normal because I also felt it when I'm still starting.

I would say experience will be the one that will help us. Like they say "Experience is the best teacher" and I agree on that. You will not learn if you will not experience it. Most of the people who are panicking when the price of Bitcoin goes down in value are those newbies who see this kind of price movement for the first time. Overtime, they'll learn.

[NikeFit_7777]

Initially, the users themselves create panic/disappointment, etc. Then they wonder why they lost their funds. First of all, the big players put pressure on psychology. Do you think we are manipulated just like that? Keeping the price +/- in the same range? It's all about moving an asset from weak hands to stronger hands. That's when unpleasant situations happen.

P.S. My advice, when you are in an asset, don't jump to conclusions. If the news comes out (wait some time). The media loves to manipulate. Don't forget, everything is done to get as many users as possible to sell out of the (desired) asset. And in general, it's better to read nothing + listen to no one = your nerves will be fine. 

[Sim_card]

Yes, some people sell their bitcoin as soon as they heard any negative news. They started panicking to the extent they sell off their investments to avoid stories. But, I don't sell mine. I need to know the source of the news and how it will affect the market price. Not every news online is real. Most of them are fake.

It is like those investors that do panic and sell their investment are those that bought due to the hype or that bought because of FOMO, and this has made them to use the money that was made for important needs to buy bitcoin, or they even went as far as taking a loan to invest, without understanding how bitcoin investment works. When these set of people see bitcoin price going below their entry point, they will panic and sell because they believe that the price might continue going down and will not recover again. So they will sell and run at loss thinking that they have made the best decision. This is why we should only invest with the money that we would not need for a very long time, and we should have it at the back of our minds that bitcoin investment can only be profitable when we invest in long term, as bitcoin is not a get rich quick scheme.

[Dr.Bitcoin_Strange]

It is like those investors that do panic and sell their investment are those that bought due to the hype or that bought because of FOMO, and this has made them to use the money that was made for important needs to buy bitcoin, or they even went as far as taking a loan to invest, without understanding how bitcoin investment works.

Yes, obviously there are many reasons compelling some crypto enthusiast to sell off their coins, all of those reasons is controlled by the lack of knowledge possessed by the investor. Any one who still have a great knowledge about Bitcoin but sold at a panic price could be someone who took a very great risk by investing either the money that does not belong to them or they have invested more than they are supposed to do. If for instance you have some people financial needs to attend to and you already have all your money invested in Bitcoin, you will definitely need to sell off some asset to be able to solve your need.

[JoyMarsha]

primarily due to loss. The majority of newbie investors were unable to bear losing money on their bitcoin investments. In other words, the anticipated profit is actually a loss on the investment they made. Instead of losing everything and being left with nothing to add to their portfolio, they would rather sell at a loss. That's their poor logic, as they are ignorant of the basics of bitcoin and believe that its value wouldn't surge because of the state of the market they see at that time "bearish market"

[gunhell16]

If anyone is panicking or worried about what is happening in the market, that is a sign of a lack of knowledge of market movements. And it may be because of the rumors they hear that they can feel such things.

They sell in such a situation because they don't want to lose a lot of money, but the others don't sell because they know the movement of the market. Of course, if you know something about the market and such a scenario happens, you will not worry, and there is no reason for you as an investor to sell immediately if you are a long-term investor.

[Wiseman]

If anyone is panicking or worried about what is happening in the market, that is a sign of a lack of knowledge of market movements. And it may be because of the rumors they hear that they can feel such things.

They sell in such a situation because they don't want to lose a lot of money, but the others don't sell because they know the movement of the market. Of course, if you know something about the market and such a scenario happens, you will not worry, and there is no reason for you as an investor to sell immediately if you are a long-term investor.

Not always happens as you write, sell often even those who know that bitcoin will grow simply because of the small budget that they could spend all buying only one bitcoin and not investing anywhere else, just all this theme with a long holding is often suitable only for people who have the opportunity to forget about this money for several years without getting from the investment not a penny.