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

[JunaidAzizi]

The reason is those people who start panicking when Bitcoin starts dropping its price are not real traders but noobs who easily panic and get FOMO, and that's why they start selling their Bitcoin at a loss.

Bitcoin never devalues itself, and all people know this point. Its price decreases due to changes in the market like news, etc., which cause this drop. But soon, Bitcoin regains its original value, and sometimes it surpasses its previous target. So, don't be foolish and sell your BTC; instead, wait for the price drop and buy some more because it's a chance to buy BTC at a low price.

[SmartGold01]

The most important thing is to be properly guided with their investment to have a productive results from their state of have efficient patient. There are lot of people who lack basic knowledge and understanding towards their investment but they are merely being waved and driving by news, lack of patients, discouragement from relative and spouse. As an core investors who is knowledgeable enough about bitcoin is not meant to be pulled by rug pull or whales.

That is the importance of someone having knowledge and understanding about investing in crypto, understanding the market habits of crypto so as not to panic when the market experiences sudden changes, people call it a market correction. Because this will always happen in the crypto market.

It is truly difficult to imagine that someone would be involved in crypto but would not know and understand what the meaning and purpose of crypto would be. Knowledge of crypto can at least provide further understanding for someone to be able to contribute to crypto, because without it there will be difficulties in carrying out investments. It's true, without knowledge about crypto, you will panic if you experience something difficult, so first learn and receive good information about what crypto is.

what mostly affects people is fear to lose their entire investment instead they preferred having some left in their wallet as stablecoin than entirely losing them all because they aren't sure of the market to what it may give birth in the next minutes rather than losing them. But surely if an investor has decided to hold he shouldn't listened to news that could cause fud instead should always keep listening to the positive news to increase their fate and trusts towards bitcoin.

[dekafee79]

what mostly affects people is fear to lose their entire investment instead they preferred having some left in their wallet as stablecoin than entirely losing them all because they aren't sure of the market to what it may give birth in the next minutes rather than losing them. But surely if an investor has decided to hold he shouldn't listened to news that could cause fud instead should always keep listening to the positive news to increase their fate and trusts towards bitcoin.

Actually, we don't need to panic if there is a decline or correction this year because prices will rise again before the bullish season next year. It's best to keep holding if the market experiences a sharp correction, don't sell at a loss because we will suffer losses.

[SmartGold01]

what mostly affects people is fear to lose their entire investment instead they preferred having some left in their wallet as stablecoin than entirely losing them all because they aren't sure of the market to what it may give birth in the next minutes rather than losing them. But surely if an investor has decided to hold he shouldn't listened to news that could cause fud instead should always keep listening to the positive news to increase their fate and trusts towards bitcoin.

Actually, we don't need to panic if there is a decline or correction this year because prices will rise again before the bullish season next year. It's best to keep holding if the market experiences a sharp correction, don't sell at a loss because we will suffer losses.

Of course we should be aware of how the market operates, I believe anyone who has been following the market for about 4 to 8 years now should be able to understand some uncertain things that follows the market. These are instability of price, shape dip, sudden rise all these couple it to be very volatile.
when investors knows all these then it could be very easier for them to hold without panicking.

[Mr. Magkaisa]

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

     -     Those who have been here for a long time in the crypto space know that if they don't have an idea or knowledge, they will easily be carried away by their emotions, which will be the reason for their loss in trading.

But if you know something about trading, you will definitely know what to do when you are in a bear or bulk market because you can still make a profit in the end.

[Wiwo]

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

     -     Those who have been here for a long time in the crypto space know that if they don't have an idea or knowledge, they will easily be carried away by their emotions, which will be the reason for their loss in trading.

But if you know something about trading, you will know what to do when you are in a bear or bull market because you can still make a profit in the end.

Experience is what matters most to an investor, this is because it is your level of experience that determines what you make out of the market, because experience will teach when to buy and when not to buy, how to approach the market and when to take a break from the market, often time's those newbies make some mistakes where they jump in and out due to panic and uncontrollable trading actions that affect their profits at the end of the day.

So with good knowledge and experience, there can never be any point where you may panic to take any action, even when the market is at its worst state, you still hold on until recovery because experience has taught you so.

[doc]

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

     -     Those who have been here for a long time in the crypto space know that if they don't have an idea or knowledge, they will easily be carried away by their emotions, which will be the reason for their loss in trading.

But if you know something about trading, you will know what to do when you are in a bear or bull market because you can still make a profit in the end.

Experience is what matters most to an investor, this is because it is your level of experience that determines what you make out of the market, because experience will teach when to buy and when not to buy, how to approach the market and when to take a break from the market, often time's those newbies make some mistakes where they jump in and out due to panic and uncontrollable trading actions that affect their profits at the end of the day.

So with good knowledge and experience, there can never be any point where you may panic to take any action, even when the market is at its worst state, you still hold on until recovery because experience has taught you so.

Experience is really needed when investing in crypto because very fluctuating market conditions require calm in dealing with them. An investor who has experience and expertise in investing and trading in crypto knows when they will enter and when they will exit. It takes a long time to gain experience and knowledge in crypto.

[Gurujebs]

Experience is really needed when investing in crypto because very fluctuating market conditions require calm in dealing with them. An investor who has experience and expertise in investing and trading in crypto knows when they will enter and when they will exit. It takes a long time to gain experience and knowledge in crypto.

It's exactly the problem many of them lack in crypto space, they lack the patience, some don't know when to buy and even the ones that know when to buy don't know when to sell. There are people that are very good in buying and selling Bitcoin and used it to accumulate more of USDT than Bitcoin and it works for them as long as they don't make room for losses.

People panic to sell because they want to sell and honestly don't see anything bad in doing it as long as you didn't sell at loss and you didn't bag any loss at all. We all know what we want and not everyone will hold Bitcoin forever.

[|MINER|]

Experience is really needed when investing in crypto because very fluctuating market conditions require calm in dealing with them. An investor who has experience and expertise in investing and trading in crypto knows when they will enter and when they will exit. It takes a long time to gain experience and knowledge in crypto.

Well said dude. It's all about the the skill of analysis the traders who knows the market more and who have more skill of technical analysis that trader can have more profit. But those people who are new to trading and crypto world those will be afraid in little fud and that is the reason they are selling their fund i.e. bitcoin at when the market is falling down to low and have the losses in their account. So it is obvious to have the knowledge first then invest others wise it will be only a foolish step.

[doc]

Experience is really needed when investing in crypto because very fluctuating market conditions require calm in dealing with them. An investor who has experience and expertise in investing and trading in crypto knows when they will enter and when they will exit. It takes a long time to gain experience and knowledge in crypto.

Well said dude. It's all about the the skill of analysis the traders who knows the market more and who have more skill of technical analysis that trader can have more profit. But those people who are new to trading and crypto world those will be afraid in little fud and that is the reason they are selling their fund i.e. bitcoin at when the market is falling down to low and have the losses in their account. So it is obvious to have the knowledge first then invest others wise it will be only a foolish step.

In fact, for newbies, they should seek experience and knowledge in the crypto world first, by holding long term and learning about the market, they can also start learning to analyze coins. By holding safe coins for the long term such as bitcoin, ethereum, Solana, BNB etc. they can also make a profit during the bullish season, as long as they buy during the bearish season at low prices.

[lepbagong]

what mostly affects people is fear to lose their entire investment instead they preferred having some left in their wallet as stablecoin than entirely losing them all because they aren't sure of the market to what it may give birth in the next minutes rather than losing them. But surely if an investor has decided to hold he shouldn't listened to news that could cause fud instead should always keep listening to the positive news to increase their fate and trusts towards bitcoin.

Actually, we don't need to panic if there is a decline or correction this year because prices will rise again before the bullish season next year. It's best to keep holding if the market experiences a sharp correction, don't sell at a loss because we will suffer losses.

Panic is one of the paths to downfall which we certainly don't want, so we can always face all situations well and wisely in deciding what action to take, because that is the only way that can solve the problem.
The market cannot be predicted, but with confidence we can determine it well. When the market experiences a correction, of course, buy and hold what you already have and don't be careless in selling it because you will experience a loss.

[Gurujebs]

In fact, for newbies, they should seek experience and knowledge in the crypto world first, by holding long term and learning about the market, they can also start learning to analyze coins. By holding safe coins for the long term such as bitcoin, ethereum, Solana, BNB etc. they can also make a profit during the bullish season, as long as they buy during the bearish season at low prices.

It will be difficult for many of them to experienced holding of coins for long term. The time that he we experienced bear market is 3 years ago which was from 2021 to 2024, that's where we are currently. So basically, people that hold coins from that time are the ones that will have experience you are talking about, anybody that bought Bitcoin now is risking too much because they are going to either gain if we move up or make loss if we are unable.

[Aanuoluwatofunmi]

People sell their assets over fear for missing out, but this shouldn't be brought in here in the bitcoin network because bitcoin is all about having privacy under a decentralized network, we can trust as well over the blockchain technology, bitcoin nodes and other protocols that guides for the use of bitcoin, then why the fear, for anyone who knows about bitcoin well, they may not have to fear even when the market dips unlike the way newbies may react on this.

[|MINER|]

In fact, for newbies, they should seek experience and knowledge in the crypto world first, by holding long term and learning about the market, they can also start learning to analyze coins. By holding safe coins for the long term such as bitcoin, ethereum, Solana, BNB etc. they can also make a profit during the bullish season, as long as they buy during the bearish season at low prices.

This is the advise what I gave to every new comer in this crypto world for investing in crypto. Basically if we see currently most of the newbies starting their trading journey by investing in alt-coin for getting huge profit in a short period but they got proved wrong or face losses in most cases.
In this case I also think it is better to invest in bitcoin for long-term at least they will not face losses. And one more advise for them it is obvious to visit and explore about the bitcoin past markets situations.

[doc]

In fact, for newbies, they should seek experience and knowledge in the crypto world first, by holding long term and learning about the market, they can also start learning to analyze coins. By holding safe coins for the long term such as bitcoin, ethereum, Solana, BNB etc. they can also make a profit during the bullish season, as long as they buy during the bearish season at low prices.

This is the advise what I gave to every new comer in this crypto world for investing in crypto. Basically if we see currently most of the newbies starting their trading journey by investing in alt-coin for getting huge profit in a short period but they got proved wrong or face losses in most cases.
In this case I also think it is better to invest in bitcoin for long-term at least they will not face losses. And one more advise for them it is obvious to visit and explore about the bitcoin past markets situations.

Buying bitcoin when it is bearish and bearish is good advice for newbies. but they also have to start learning to trade because there are many things to learn in crypto currency so that we have experience and knowledge. If we already have a lot of knowledge and experience, we can become professional traders in the future.