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

[trendcoin]

We are all acting on our emotions. We are more loyal to Bitcoin, so we don't sell it immediately. Those who are less loyal to Bitcoin sell it at the first stumble. In fact, we are no different from them. However, I think leveraged trades are responsible for the high volatility in the market. In the last price volatility, there was a liquidation of 100 million dollars. I think this is enough to explain everything...

[doc]

We are all acting on our emotions. We are more loyal to Bitcoin, so we don't sell it immediately. Those who are less loyal to Bitcoin sell it at the first stumble. In fact, we are no different from them. However, I think leveraged trades are responsible for the high volatility in the market. In the last price volatility, there was a liquidation of 100 million dollars. I think this is enough to explain everything...

Bitcoin is very volatile, we don't need to panic because bitcoin always experiences a 4 year cycle. If indeed we buy bitcoin during the bearish season at the bottom price, if we hold it until it is bullish, we don't need to panic when a correction occurs, hold it until the bullish season and drink tea.

[EthereumDev_]

Bitcoin is very volatile, we don't need to panic because bitcoin always experiences a 4 year cycle. If indeed we buy bitcoin during the bearish season at the bottom price, if we hold it until it is bullish, we don't need to panic when a correction occurs, hold it until the bullish season and drink tea.

It's true, Bitcoin price movements cannot be predicted and are very volatile, but with movements like that at least it can be used by traders to make a profit by making a profit through the difference between the buying and selling prices. However, if you buy something that is very expensive when the price goes down then the estimated value is greatly reduced, so this is the risk when using Bitcoin to buy something expensive like a sports car or house.

[UNIVERSE]

Bitcoin is very volatile, we don't need to panic because bitcoin always experiences a 4 year cycle. If indeed we buy bitcoin during the bearish season at the bottom price, if we hold it until it is bullish, we don't need to panic when a correction occurs, hold it until the bullish season and drink tea.

It's true, Bitcoin price movements cannot be predicted and are very volatile, but with movements like that at least it can be used by traders to make a profit by making a profit through the difference between the buying and selling prices. However, if you buy something that is very expensive when the price goes down then the estimated value is greatly reduced, so this is the risk when using Bitcoin to buy something expensive like a sports car or house.

There will always be price movements, and BTC price volatility is very high. We cannot stop or control the fluctuations or volatility of these prices. However, we must manage ourselves to understand how to take advantage of this moment of volatility.
We definitely know how to avoid getting trapped in FOMO. but we really understand what we are investing in. In this case, Bitcoin, we have to understand it and make good enough management.

Panic is something that often makes us weak and we end up panic selling at a loss. This will only get worse. Therefore, this will be much easier if we can manage our emotions more wisely to avoid uncontrolled panic.

[I-Bit]

Bitcoin is very volatile, we don't need to panic because bitcoin always experiences a 4 year cycle. If indeed we buy bitcoin during the bearish season at the bottom price, if we hold it until it is bullish, we don't need to panic when a correction occurs, hold it until the bullish season and drink tea.

The volatility on Bitcoin price is the basic thing we must know, it is the nature of Bitcoin price. Why we must be panic with the volatility in Bitcoin price? The higher volatility means the bigger chance to get more profits. Yes, we know the 4 years cycle for the bullish on Bitcoin and altcoins prices. So, we can determine when the right time to buy and sell by analyzing the 4 years cycle.

[bounceback]

We are all acting on our emotions. We are more loyal to Bitcoin, so we don't sell it immediately. Those who are less loyal to Bitcoin sell it at the first stumble. In fact, we are no different from them. However, I think leveraged trades are responsible for the high volatility in the market. In the last price volatility, there was a liquidation of 100 million dollars. I think this is enough to explain everything...

Bitcoin is very volatile, we don't need to panic because bitcoin always experiences a 4 year cycle. If indeed we buy bitcoin during the bearish season at the bottom price, if we hold it until it is bullish, we don't need to panic when a correction occurs, hold it until the bullish season and drink tea.

This reason with bitcoin price very volatile make holder exactly the new investor panic when dumping drastically, actually before become bitcoin investor need experience such as in other investment kind and already when price volatile and more dominance dumping. Difficult to reminder new investor how keep calm and don't to be panic with bitcoin price volatile or going drop because always has moment recover higher price back.
Some trick for the beginner in bitcoin trading spent few percent of fund prepare to buy back when price dumping, so when bitcoin price lower don't panic to sell but buy back.

[bayu7adi]

They are afraid that the price of Bitcoin will not bounce again. Fear often occurs and those who experience this most are novice traders who cannot help themselves to remain calm. Often falling prices make them feel they have to immediately sell at that price, before the price falls even lower. However, what needs to be noted is that we will all definitely get smarter as our trading experience increases. There will come a time when you can resist selling coins even though the price is dumping. And when that time comes, it is a sign that you are experiencing development.

[JoyMarsha]

The reason why people sell their bitcoin holdings mostly is because of the assumptions that have already had about people who got them introduced to crypto "to invest in bitcoin and be rich".

One's they have such mindset and invest in bitcoin because of that. if bitcoin didn't give them the expected profits as they were told, they will be force to sell because they were told to invest in bitcoin and expect a profit in return not a loss.

Not explaining newbies the basic knowledge of Bitcoin is the most of the problem we face in crypto space because many newbies don't have the knowledge of crypto first before they invest. That's why when the price of bitcoin drops, they are all quick to sell at loss price.

[legend45]

The reason why people sell their bitcoin holdings mostly is because of the assumptions that have already had about people who got them introduced to crypto "to invest in bitcoin and be rich".

One's they have such mindset and invest in bitcoin because of that. if bitcoin didn't give them the expected profits as they were told, they will be force to sell because they were told to invest in bitcoin and expect a profit in return not a loss.

Not explaining newbies the basic knowledge of Bitcoin is the most of the problem we face in crypto space because many newbies don't have the knowledge of crypto first before they invest. That's why when the price of bitcoin drops, they are all quick to sell at loss price.

Investment does not make people suddenly rich, because everything requires a process. I only buy during bearish seasons and hold for 3-4 years and sell during bullish seasons. This requires a long wait, not just buying and selling to get rich, unless we have good analysis in researching new projects, buy and sell at high prices. but this is very high risk.

[Aanuoluwatofunmi]

Only the experienced traders or bitcoiners will see that the market is falling and they will maintain holding, others may quickly place sale order to such and immediately they are selling then the realized that the market rises back and by then they would have already loose, we should not let fear go over us when we are trading, we have to stand on our own and make sure that we are interested in the market value of the right coin investment and such will soon come when we wait for the season to arrive.

[yohananaomi]

Only the experienced traders or bitcoiners will see that the market is falling and they will maintain holding, others may quickly place sale order to such and immediately they are selling then the realized that the market rises back and by then they would have already loose, we should not let fear go over us when we are trading, we have to stand on our own and make sure that we are interested in the market value of the right coin investment and such will soon come when we wait for the season to arrive.

I agree, that experienced traders will be able to differentiate when to sell and when to buy, because they always do good research and are not in a hurry to respond to every movement that occurs.

it cannot be denied that experience will always be able to differentiate each action so as not to be tempted to sell immediately when prices fall. Even though it doesn't necessarily fall, it will continue but will return again to increase, but because of lack of experience, they are in a hurry to sell they that the moment to get maximum profits cannot be achieved.

[IvugeoEvolutionCoin]

Investment does not make people suddenly rich, because everything requires a process. I only buy during bearish seasons and hold for 3-4 years and sell during bullish seasons. This requires a long wait, not just buying and selling to get rich, unless we have good analysis in researching new projects, buy and sell at high prices. but this is very high risk.

That's right, everything that is done in this world is not easy to make them gain wealth quickly through good and correct methods. When you do something like that then it is a smart way because you can know the right moment to buy coins. If the current price is has gone up high then this is the right time to sell and get out of the exchange because there will be a time when the price of Bitcoin will collapse again and we have to make good use of this to get into cryptocurrency again.

[doc]

That's right, everything that is done in this world is not easy to make them gain wealth quickly through good and correct methods. When you do something like that then it is a smart way because you can know the right moment to buy coins. If the current price is has gone up high then this is the right time to sell and get out of the exchange because there will be a time when the price of Bitcoin will collapse again and we have to make good use of this to get into cryptocurrency again.

If we are talking about selling Bitcoin now because the price has reached the previous ATH of $73K, I don't think this is the right time because the top bullish hasn't happened yet. We may have a long wait until early next year. but the decision is all yours, hold or sell. If I choose to keep holding it until Bitcoin really hits the new ATH.

[EthereumDev_]

If we are talking about selling Bitcoin now because the price has reached the previous ATH of $73K, I don't think this is the right time because the top bullish hasn't happened yet. We may have a long wait until early next year. but the decision is all yours, hold or sell. If I choose to keep holding it until Bitcoin really hits the new ATH.

I think Top Bullish will not be able to predict exactly when it will occur and may only be known when cryptocurrency prices on exchanges start to collapse. Therefore, if you feel that you have made a lot of profit from Bitcoin, you can sell it immediately before the price collapses again and makes you regret it.

[therozaq]

I think Top Bullish will not be able to predict exactly when it will occur and may only be known when cryptocurrency prices on exchanges start to collapse. Therefore, if you feel that you have made a lot of profit from Bitcoin, you can sell it immediately before the price collapses again and makes you regret it.

Actually, stay calm and hold on to our bitcoins, everyone can have analysis and predictions, there are those who warn by scaring them and there are those who encourage them by continuing to hold. What our hearts think is solid, just do it