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

[legend45]

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.

I also agree with you, currently the short term is more profitable because it seems the market is unpredictable and it seems that the last few weeks have been very volatile. I don't use DCA anymore because I focus more on trading and short term investing

[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.

I also agree with you, currently the short term is more profitable because it seems the market is unpredictable and it seems that the last few weeks have been very volatile. I don't use DCA anymore because I focus more on trading and short term investing

Wow! That's great! Actually I am practicing trading right now especially futures but unfortunately I think I need more knowledge about how to get in and get out as early as possible as I am a bit laggy and greedy in terms of technical analysis and stuff so maybe I should work it out so no more heavy liquidation.

What coins do you recommend is best for scalping is it Alts or Bitcoin?

[TopT3ns]

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.

I also agree with you, currently the short term is more profitable because it seems the market is unpredictable and it seems that the last few weeks have been very volatile. I don't use DCA anymore because I focus more on trading and short term investing

Trading using the DCA method in my opinion is very suitable for Bitcoin. Meanwhile, if you want to do daily trading then you can pay attention to altcoins which have very fast price movements. Maybe you can pay attention to newly created tokens on the Solana network, you can buy newly created tokens in 1 second. That way you can make daily profits quite quickly.

[LUCKMCFLY]

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.

I also agree with you, currently the short term is more profitable because it seems the market is unpredictable and it seems that the last few weeks have been very volatile. I don't use DCA anymore because I focus more on trading and short term investing

Trading using the DCA method in my opinion is very suitable for Bitcoin. Meanwhile, if you want to do daily trading then you can pay attention to altcoins which have very fast price movements. Maybe you can pay attention to newly created tokens on the Solana network, you can buy newly created tokens in 1 second. That way you can make daily profits quite quickly.

That is a very good strategy, the truth is I don't operate with altcoins but it intrigues me, and since I have no experience it scares me, the DCA method to buy Bitcoin seems phenomenal to me, and in each Dip if you buy, buy better, because now there is so much uncertainty, It is said that this rise in the price of Bitcoin is due to the effects of the ETF, others say that it is due to the Halving effect, I honestly would not do it. I know it would be incredible, but it is good because it is known that these types of things are the Whatever they are, they have made the price very good and made people's emotions rise.

[NotATether]

Mostly this is for inexperience investors, and obviously, that is normal behavior. I mean if you see your portfolio going down, then your first instinct is that you feel that you are losing money hence you want to stop it and sell. And that's why we always says that you should invest what you can afford to lose in crypto. So that if by chance it's going down, you will not panic and push the sell button.

It's basically anyone without diamond hands. Not just inexperienced investors.

There's a lot of people who buy BTC, hold it for one week, look at the price and say "oh shit it's going down" and liquidate their positions before the price correction comes because they don't want to wait for it. Or maybe they could be short on cash and don't want to lose even more of it in the short term.

[salad daging]

Mostly this is for inexperience investors, and obviously, that is normal behavior. I mean if you see your portfolio going down, then your first instinct is that you feel that you are losing money hence you want to stop it and sell. And that's why we always says that you should invest what you can afford to lose in crypto. So that if by chance it's going down, you will not panic and push the sell button.

It's basically anyone without diamond hands. Not just inexperienced investors.

There's a lot of people who buy BTC, hold it for one week, look at the price and say "oh shit it's going down" and liquidate their positions before the price correction comes because they don't want to wait for it. Or maybe they could be short on cash and don't want to lose even more of it in the short term.

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.

[UNIVERSE]

Trading using the DCA method in my opinion is very suitable for Bitcoin. Meanwhile, if you want to do daily trading then you can pay attention to altcoins which have very fast price movements. Maybe you can pay attention to newly created tokens on the Solana network, you can buy newly created tokens in 1 second. That way you can make daily profits quite quickly.

It is suitable for Bitcoin or altcoins. It depends on the target, we use DCA if our target is for a long term.
Well, for day trading, you are right that we can choose altcoins because it has a higher volatility. It is different with Bitcoin that may have a quite stable price in few days. The price of Bitcoin won't fluctuate significantly like altcoins prices. If we trade daily with Bitcoin, we won't have a chance to get a high profit. But altcoins are surely riskier, we must have good knowledge to do day trading.

[JISAN]

Trading using the DCA method in my opinion is very suitable for Bitcoin. Meanwhile, if you want to do daily trading then you can pay attention to altcoins which have very fast price movements. Maybe you can pay attention to newly created tokens on the Solana network, you can buy newly created tokens in 1 second. That way you can make daily profits quite quickly.

It is suitable for Bitcoin or altcoins. It depends on the target, we use DCA if our target is for a long term.
Well, for day trading, you are right that we can choose altcoins because it has a higher volatility. It is different with Bitcoin that may have a quite stable price in few days. The price of Bitcoin won't fluctuate significantly like altcoins prices. If we trade daily with Bitcoin, we won't have a chance to get a high profit. But altcoins are surely riskier, we must have good knowledge to do day trading.

It is also possible to make high profit through trading but for this you need to be very expert.  It is possible if you have the skill to buy and sell at the right time. Bitcoin is a long-term investment coin so the DCA strategy can be a very effective strategy. yes, it is very effective not only for Bitcoin, but also for Altcoins, but long-term holding should be intended for trading.  Because using the DCA method reduces the risk of buying bitcoins at different prices

[bounceback]

It is also possible to make high profit through trading but for this you need to be very expert.  It is possible if you have the skill to buy and sell at the right time. Bitcoin is a long-term investment coin so the DCA strategy can be a very effective strategy. yes, it is very effective not only for Bitcoin, but also for Altcoins, but long-term holding should be intended for trading.  Because using the DCA method reduces the risk of buying bitcoins at different prices

Still has possibility to earn much profit for any one lack skill or knowledge about cryptocurrency by long term investing in bitcoin, I don't think really need more expert when becoming long term holder in bitcoin just get right time to buy or invest in lower price than hold it for longer time to sell on higher price.
But not including with altcoin without any skill or smart research will get difficult how to earn much profit in trading, get bigger risk when trading with altcoin exactly for trader or holder faced panic when price decreasing suddenly and make of them will sell their assets although in lower price.

[taufik123]

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

It's hard to be a diamond hand when the money you use is still needed for other needs.
But if you are already using free money and you believe that a bigger price increase will occur, there will be no trouble whatsoever, just buy more and hold until the highest ATH is reached again.

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.

The people who sell at a loss of -20% are those who are too stupid and too panicked because of the decline that occurred.
Yet every decline is an opportunity to buy back, not sell at a loss

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

Everything needs to be prepared and a reserve fund must be in place even though only a few percent of the main funds are owned.

[Captain Corporate]

The reality is that we can't all feel very protected and safe at all times, I get that sometimes we may, but in most cases we can't just feel that way at all times. So that means even if I can hold it this time around, who knows maybe next fall I won't be able to. The diamond hands of one fall, could be weak hands of another. Plus we should remember that most of these are just stop loss as well, and just orders on the market too. So all in all, I believe that between people who just can't take it, and the automatic things that sell it, we are not really that shocked to see it move down quickly, because it also moves up quite quickly as well.

[legend45]

The reality is that we can't all feel very protected and safe at all times, I get that sometimes we may, but in most cases we can't just feel that way at all times. So that means even if I can hold it this time around, who knows maybe next fall I won't be able to. The diamond hands of one fall, could be weak hands of another. Plus we should remember that most of these are just stop loss as well, and just orders on the market too. So all in all, I believe that between people who just can't take it, and the automatic things that sell it, we are not really that shocked to see it move down quickly, because it also moves up quite quickly as well.

I will not comment much on short-term predictions or discuss the condition of the coin during autumn, because I am just a holder who tries to hold for the long term and wait for the top bullish market in each 4-year cycle.

[Mr. Magkaisa]

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.

I also agree with you, currently the short term is more profitable because it seems the market is unpredictable and it seems that the last few weeks have been very volatile. I don't use DCA anymore because I focus more on trading and short term investing

Wow! That's great! Actually I am practicing trading right now especially futures but unfortunately I think I need more knowledge about how to get in and get out as early as possible as I am a bit laggy and greedy in terms of technical analysis and stuff so maybe I should work it out so no more heavy liquidation.

What coins do you recommend is best for scalping is it Alts or Bitcoin?

           -   You know that as long as you have a deep understanding of trading either altcoins or bitcoin, you will definitely get a profit from the trading activity you do.
But just remember that futures trading is so sensitive that you want to learn a lot. 

You need to focus on what you are doing there, or else one mistake you make can really scratch your fund balance in the wallet if you forget a set-up in trading there in the futures trade.

[dekafee79]

           -   You know that as long as you have a deep understanding of trading either altcoins or bitcoin, you will definitely get a profit from the trading activity you do.
But just remember that futures trading is so sensitive that you want to learn a lot.

You need to focus on what you are doing there, or else one mistake you make can really scratch your fund balance in the wallet if you forget a set-up in trading there in the futures trade.

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.

[akeemqaz]

Some people don't panic. They just want to take profits. And sometimes, exchanges may sell for other coins with high demand. Imagine pairing some Bitcoin with a stablecoin on Bitget's smart portfolio, and it automatically gives you more of the stablecoin when BTC rises. That means you've increased the demand for the stablecoin.
We also have people whose 90% of their assets are in Bitcoin. These kinds of people can sell some at any time. Apart from all these, miners too probably sell to upgrade their mining machines or for another use.