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

[NikeFit_7777]

The U.S. government already owns 216,811 BTC ($13.78 billion). Analysts have discovered a wallet with 3,940 BTC ($251 million) that US authorities confiscated in January this year.

Arkham: https://platform.arkhamintelligence.com/explorer/entity/usg

P.S. What do you think about news like this? Do you take them seriously? Don't you think we are being manipulated by such a method? 

[legend45]

Well, if we are talking about such a small number of people as 50,000 people, then I would say that there are at least 10 times more of them than those about whom you are writing panic sellers And the same buyers who don’t think what they are doing, they just buy, and in case of panic, that’s all sell.

It's not as easy as you imagine bro, when traders panic, many prefer to sell cheaply and protect their assets. But when you trade the future method, there is nothing you can do unless you use the stop loss feature.

Actually, we don't need to panic, seeing as the market is fluctuating and prices are dropping sharply. There are many things we can do when prices fall, by buying again and for those who panic, selling. This is just a matter of experience in the crypto world

[bayu7adi]

Actually, we don't need to panic, seeing as the market is fluctuating and prices are dropping sharply. There are many things we can do when prices fall, by buying again and for those who panic, selling. This is just a matter of experience in the crypto world

Those who sell at the current price of $60k may also have their own beliefs, such as wanting to buy back at a level below it.. we don't know whether the person selling BTC is currently panicking or not, but what we know is someone is panicking and afraid of immediately sell their Bitcoin assets.

Buying in stages is still a wiser practice, by placing buy orders at several levels so that if a dump occurs once again, we have the net ready to fill our bags with Bitcoin again at a cheaper price.

[dekafee79]

Actually, we don't need to panic, seeing as the market is fluctuating and prices are dropping sharply. There are many things we can do when prices fall, by buying again and for those who panic, selling. This is just a matter of experience in the crypto world

Those who sell at the current price of $60k may also have their own beliefs, such as wanting to buy back at a level below it.. we don't know whether the person selling BTC is currently panicking or not, but what we know is someone is panicking and afraid of immediately sell their Bitcoin assets.

Buying in stages is still a wiser practice, by placing buy orders at several levels so that if a dump occurs once again, we have the net ready to fill our bags with Bitcoin again at a cheaper price.

Selling at a price of $60K, it is likely that old investors are not panicking, just want to buy again at a lower level because they believe the price of bitcoin will rise again. We can do gradual purchasing with DCA, this is also a good method.

[Aanuoluwatofunmi]

We cannot agree that everyone is on the same page regarding having the adequate knowledge about bitcoin, some will think its a wise decision for them to sell their coin and release it in other to avoid loosing the more when the market is going bearish, but we should never forget that bitcoin investment is not what we should make with fear, we should be able to hodl once such is being observed except if we are investing on altcoins.

[philipma1957]

The U.S. government already owns 216,811 BTC ($13.78 billion). Analysts have discovered a wallet with 3,940 BTC ($251 million) that US authorities confiscated in January this year.

Arkham: https://platform.arkhamintelligence.com/explorer/entity/usg

P.S. What do you think about news like this? Do you take them seriously? Don't you think we are being manipulated by such a method? 

What method do you mean? A government says you are a crook and takes everything you own before they try and convict you?

[doc]

We cannot agree that everyone is on the same page regarding having the adequate knowledge about bitcoin, some will think its a wise decision for them to sell their coin and release it in other to avoid loosing the more when the market is going bearish, but we should never forget that bitcoin investment is not what we should make with fear, we should be able to hodl once such is being observed except if we are investing on altcoins.

selling or holding bitcoin when the market corrects is their decision and they must have reasons for doing that. There are those who sell, then buy at a lower price and then sell again when the price of bitcoin rises. There are also those who sell because they panic.

[enwi]

We cannot agree that everyone is on the same page regarding having the adequate knowledge about bitcoin, some will think its a wise decision for them to sell their coin and release it in other to avoid loosing the more when the market is going bearish, but we should never forget that bitcoin investment is not what we should make with fear, we should be able to hodl once such is being observed except if we are investing on altcoins.

selling or holding bitcoin when the market corrects is their decision and they must have reasons for doing that. There are those who sell, then buy at a lower price and then sell again when the price of bitcoin rises. There are also those who sell because they panic.

When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

[Faisal2202]

P.S. What do you think about news like this? Do you take them seriously? Don't you think we are being manipulated by such a method? 

They are really obfuscating people's BTC via this method, they are waiting for the right moment or waiting for the right spot to catch people on, once they find a mistake that people are making, they suddenly opens a case against them, and seize there accounts. They are doing it from a long time, the fun is they are still holding onto most of the funds they have seized yet.

I think they are playing the bigger game here, I think they also trust the potential of BTC and must be believing that BTC can make then way more than that they are holding right now or obfuscating right now. We should really take events like these seriously and consider to take proper action to save ourselves, the new legislation that oklahomo has approved is a big steps against such method used by authorities.

[milewilda]

We cannot agree that everyone is on the same page regarding having the adequate knowledge about bitcoin, some will think its a wise decision for them to sell their coin and release it in other to avoid loosing the more when the market is going bearish, but we should never forget that bitcoin investment is not what we should make with fear, we should be able to hodl once such is being observed except if we are investing on altcoins.

selling or holding bitcoin when the market corrects is their decision and they must have reasons for doing that. There are those who sell, then buy at a lower price and then sell again when the price of bitcoin rises. There are also those who sell because they panic.

When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

People should really be doing this but we know that not all would really be that confident on doing so, instead on taking this as an opportunity they do rather become scared. 

If you are someone whose really that lacking of experience towards the market then you would definitely be having this kind of reaction but on the time that you would be having that kind of experience towards the market then you would already know on what you should gonna do and this is something that you would be needing up to consider
because if you do find yourself that being impulsive towards those movements then you are susceptible when it comes to wrong actions.

[Rubel007]

We cannot agree that everyone is on the same page regarding having the adequate knowledge about bitcoin, some will think its a wise decision for them to sell their coin and release it in other to avoid loosing the more when the market is going bearish, but we should never forget that bitcoin investment is not what we should make with fear, we should be able to hodl once such is being observed except if we are investing on altcoins.

If fear or apprehension works among investors in Bitcoin then there will be no investor confidence. As a result, the investor has the possibility of incurring huge losses at any time. There are some investors who become more panicked at the slightest drop at which point they sell quickly to cut their losses. Those who want to invest in Bitcoin with such tendencies they should not invest. If an investor invests in bitcoins with confidence and long-term planning, he may not make short-term profits, but he can definitely gain more in the long-term.

[Jamal Aezaz]

When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

The best time to buy Bitcoin was when it was reduced to 57k$ but now it is again higher like that of 66k$ therefore try to wait for the best time to buy more Bitcoin if you have already bought some at a lower price.

Price prediction is very hard to make but people are working and collecting their coins when they see the market to be lower in cost and that time suited well for accumulation. Now investors should keep calm if the price goes higher then they will be in profit and if the price goes down then they will have the chance to purchase some more.

[DAMKAR]

When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

The best time to buy Bitcoin was when it was reduced to 57k$ but now it is again higher like that of 66k$ therefore try to wait for the best time to buy more Bitcoin if you have already bought some at a lower price.

Price prediction is very hard to make but people are working and collecting their coins when they see the market to be lower in cost and that time suited well for accumulation. Now investors should keep calm if the price goes higher then they will be in profit and if the price goes down then they will have the chance to purchase some more.

Yes, currently the price of bitcoin is rising again and we see the price of bitcoin has returned to $66K, it's best to do a short term, if you have time to trade. if you wait for the price of bitcoin to fall to $57K, it looks like it will need some more corrections. but anything can happen in the crypto space. let's see.

[0t3p0t]

When the market price correction occurs, I prefer to buy more bitcoin, but for this correction I prefer to wait until the price falls further, because the bitcoin price movement pattern after the increase some time ago has collapsed again and there is it is possible that the decline in bitcoin prices will be deeper.

The best time to buy Bitcoin was when it was reduced to 57k$ but now it is again higher like that of 66k$ therefore try to wait for the best time to buy more Bitcoin if you have already bought some at a lower price.

Price prediction is very hard to make but people are working and collecting their coins when they see the market to be lower in cost and that time suited well for accumulation. Now investors should keep calm if the price goes higher then they will be in profit and if the price goes down then they will have the chance to purchase some more.

Yes, currently the price of bitcoin is rising again and we see the price of bitcoin has returned to $66K, it's best to do a short term, if you have time to trade. if you wait for the price of bitcoin to fall to $57K, it looks like it will need some more corrections. but anything can happen in the crypto space. let's see.

Weekly chart of Bitcoin performs very well this week as it is bullish but yeah anything can really happen along it's path to the next coming weeks and months so that will be exciting to dig into. As you said short term is more profitable this time though some other investors still has their DCA method for a much safer and less stress investment.

[Primo1760]

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

In fact, many new investors panic and sell their investments when the Bitcoin market goes down. Those who are very experienced here and have been around for the past few years will never sell this investment when bitcoin goes down because they have a lot of experience with bitcoin. At first I used to panic a lot when bitcoin price dropped a bit but now I don't panic when my bitcoins drop. I think if the market goes much lower from here I still won't panic and force myself to buy more bitcoins if necessary. Because bitcoin is the most popular currency that will gain popularity in the future and it will be where many rich people will not have the ability to buy one bitcoin.