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

[UNIVERSE]

If you want to invest in crypto, you should use money specifically for investment, not money that is also used for necessities, because crypto is very volatile. Prices can change over time, this makes those who use non-free money panic.

It is a must to use safe money for crypto investment. I don't understand that there are people who force themselves to invest in crypto with loan money or with the money for basic necessities. They may think it is easy to take profits in crypto, but it will depend on many factors. If people have lack of knowledge, it will always never be easy to take profits because they have no ability to analyze the best time for buying and selling crypto assets.

Sure, crypto prices are always very volatile. This may be one of the reasons why people can panic. But we must know that it is the nature of crypto coins. So we must have the ability to deal with crypto nature. Having good knowledge is the way to decrease the panic feeling.

panic will always be there even if we have been investing in crypto for a long time.

Experiences investors must know how to deal with panic feeling. So, I think most people who easily panic are the beginners or newcomers in crypto investment.

[EluguHcman]

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

Simple as>>>
*  They needed emergency funds probably their alternative source of income could not sustain that need or they don't have an alternative at all.

* Already reached their investment goal such as accumulated target so they tries to protect the possibilities of asset value lost.

* Could also be an act of their fragile emotions which can not withstand their assets loosing values after accumulated and hold for a period of time.

* Most specially, it is a caused that such investors do not understand the framed accelerations of crypto volatility.

* Can also be a cause of investors sentiments and or the investors abilities to understand the potentialities of the coin which may not be so good for long time holding.

[bitterguy28]

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

There are 2 kinds of people in cryptospace and those are?


1. Wanted to learn quickly - those are the people that does not know this market deeply instead they are the people that was being lured in promise of great return,so they jump to investing and mostly they are the panicker .
2. Wanted to Learn and Earn- those are the people that studied this market first , tries to dig deeper before putting their money and knows when to withdraw and when to keep hgolding,


so Now you have your answers in correct manner.

[Strongkored]

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

Just ask yourself, can you still calm when see your aset decreased? Moreover you don't have much experience about Bitcoin market and you are person always believe what media had said you will panic and whale gain what they want to cause panic to retail and ready to buy at lower price, so I'm not suprises see many panicker this is exist in real world also, and experiemce will teach you a lot but if you already in this Bitcoin world for long time but still panic see the market decrease can be youre not gain much knowledge.

[Gurujebs]

1. Wanted to learn quickly - those are the people that does not know this market deeply instead they are the people that was being lured in promise of great return,so they jump to investing and mostly they are the panicker .
2. Wanted to Learn and Earn- those are the people that studied this market first , tries to dig deeper before putting their money and knows when to withdraw and when to keep hgolding,


so Now you have your answers in correct manner.

If there are not number 1 people that are eager to earn, it will be difficult for new money to enter Bitcoin because everyone will be claiming to be smart and in a situation where everyone are trying to avoid loss, the market wouldn't move. There must be the sacrificial lambs that once they hear about bullrun, they will be ready with their free money to join the run.

In every bullrun, there must be some people that will not sell and there are people that will hold and that's everyone opinion because you can't change their mind, after all is there money and they all invested to get profits.

[NicNacCoin]

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

Many may rush to sell their investments when the cryptocurrency market falls. But when the market goes down, those people rush to sell their investments who have made new investments or invested by borrowing money from banks or some other medium. But old investors who have a lot of knowledge about the market will never rush to sell their investments when the market goes down. If I think about it from my side I would say if the market is dumping I never rush to sell my Bitcoin investment or any other investment I always hold tight because I have a lot of ideas about the market. I always feel that even if I am at a loss here, I can definitely recover and make a profit.

[Makus]

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

Most persons investing in Bitcoin, are traders who monitor the market and frequently sell or buy and short time intervals to make profit real quick other than waiting for long term. Though it's possible they make more profit than those holding for long but the bottom line is that, bitcoin trading is actually more risky than holding for long term and not everyone know how to, and that were running at loss comes in. Trend generally might change and after selling your coin you could end up buying at higher amount. When a large amount of investors keep selling their coins, it will eventually lead to decline in the price of bitcoin and buying with that same amount of money will increase your profit when the price starts appreciating in value.

[Roseline492]

There are 2 kinds of people in cryptospace and those are?

1. Wanted to learn quickly - those are the people that does not know this market deeply instead they are the people that was being lured in promise of great return,so they jump to investing and mostly they are the panicker .
2. Wanted to Learn and Earn- those are the people that studied this market first , tries to dig deeper before putting their money and knows when to withdraw and when to keep hgolding,

Yeah is actually quite unfortunate to see people coming into Bitcoin on a daily basis having the mindset that they will have a huge money from Bitcoin investment because I have actually seen people who doesn't really understand Bitcoin investment saying that they are planning to invest on Bitcoin and within two months they will start making money so I began to laugh because is already obvious they will not last long on investment because they  are only motivated by the profit, so perhaps there is a chance that if the price of Bitcoin does not move on there direction they will panicked and sell there Bitcoin in lose.

So just like you explained learning is very important in Bitcoin investment to actually no what Bitcoin is all about and the potential including the risk involve because just like every other investment having a good knowledge on the investment is important because those knowledge will be the guide during the process of the investment and also prevent some certain risk.

[snowpega]

Big money is expert in this game trapping people from the market and they know very well when and how to trap investors from the market only those who are newbies and have insufficient knowledge about the market sentiments get trapped to this game or fall prey to this game easily and those who are old in the crypto industry know this game and they do not get panic they know this is just a FUD and they keep hold their Bitcoin.

Actually, Fake news starts to spread out on the social media using big social media accounts to trap people and they make the hype of these news very much so that people start to believe in it and sell their Bitcoin and this causes the market to come at the lower level and from there big money buy back and take their entries in the market again and make more profit. So, in short, new and short portfolio investors liquidate themselves being trapped by the big money easily. DYOR!

[lepbagong]

Yes, that's right. And I've experienced it several times. That is, I try to add more to my investment capital up to a limit where I am not ready to lose. And when the correction occurred, panic immediately filled my mind. And since then I have also learned a lot and tried to be more able to control myself and also manage my finances well, including in terms of allocation for investment.

Panic will always come if we don't use the free funds that we are ready to lose, when there is a price drop or a major correction. I also experienced this several times, but that experience made me have better emotional management and no longer panic when the market drops.

Even if we use unused funds or necessary funds, everything will be the same if the investment we make drops drastically from when we bought it, feelings of fear of losing a lot will occur and panic will be experienced. But for those who are experienced, they are not afraid to continue buying when prices fall to increase their savings, because during the season there will always be an increase and they can enjoy extraordinary profits.
It's normal for panic to occur, but experience will bring everything under control, so keep learning not to panic quickly.

[LogitechMouse]

~
1. Wanted to learn quickly - those are the people that does not know this market deeply instead they are the people that was being lured in promise of great return,so they jump to investing and mostly they are the panicker .
2. Wanted to Learn and Earn- those are the people that studied this market first , tries to dig deeper before putting their money and knows when to withdraw and when to keep hgolding,


so Now you have your answers in correct manner.

Maybe you need to change the "learn" in the first one to "earn" because it seems like both of them are correlated and positive. I mean the description isn't related at first place.

Anyway, if I'll pick between the 2, I'm the 1st one... if I was still a newbie, but over time, I learned the basics of it and I can say that I'm equipped enough for me not to get scammed or get panicked in times when everything is panicking. If you're a newbie, go be the 2nd one. Profits will always be there and getting them without any knowledge at all will just lead you to losses, and I mean huge losses. I've seen many who've experienced it, and please don't be the next one.

Overall, learning first how the market moves will lessen the chances of you panicking because you know that these price corrections are temporary only.

[bayu7adi]

Most persons investing in Bitcoin, are traders who monitor the market and frequently sell or buy and short time intervals to make profit real quick other than waiting for long term. Though it's possible they make more profit than those holding for long but the bottom line is that, bitcoin trading is actually more risky than holding for long term and not everyone know how to, and that were running at loss comes in. Trend generally might change and after selling your coin you could end up buying at higher amount. When a large amount of investors keep selling their coins, it will eventually lead to decline in the price of bitcoin and buying with that same amount of money will increase your profit when the price starts appreciating in value.

IMO... it is more focused on the fear of holders who think that a bearish moment will come soon, and they could prepare to buy back at a lower price to increase their profits.... this strategy is a bit risky, because besides taking into account the exit point, one must also take into account the entry point again...because a bounce can occur at any time...

FOMO is still one of the causes of losses for many cryptocurrency traders... I really regret this...

[JoyMarsha]

Some sell not all. The major reason why some people sell crypto coins is because they lack an understanding of the crypto market, the market volatility, when negative news spreads, investing for quick returns, and not saving up for emergencies.

All these mentioned facts can simply make someone sell their crypto coins in a hurry, whether they are at loss or little profit while the intention was to have a long term investment plan

[KingsDen]

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

• Someone who do not understand the bitcoin itself must surely panic and sell at loss during the dip
• Someone who has financial challenges and only depends on his bitcoin investment will sell at dip.
• Someone who has seen other lucrative investment opportunities will sell bitcoin at lose to chase such an investment.
• Someone who doesn't trust bitcoin will think it will be the end of it anytime there is deep.

[Rubel007]

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

Just ask yourself, can you still calm when see your aset decreased? Moreover you don't have much experience about Bitcoin market and you are person always believe what media had said you will panic and whale gain what they want to cause panic to retail and ready to buy at lower price, so I'm not suprises see many panicker this is exist in real world also, and experiemce will teach you a lot but if you already in this Bitcoin world for long time but still panic see the market decrease can be youre not gain much knowledge.

It is natural for a person to feel anxious when their wealth decreases or is lost for any reasons. I just say in the concern of bitcoin Especially if a person doesn't know about bitcoin related issues then they get more panic after losing a small amount. And there are some big investors in this trading platform who spread various rumors or fears among the common investors and lure them to be misguided. When an investor falls into that kind of temptation, they take the suicidal decision to sell Bitcoin very quickly. According to the religion of Bitcoin movement, its price will sometimes increase and sometimes decrease. It will continue through high volatility. Investors can profit if they try to brace themselves and not sell bitcoins in such situations.