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

[doc]

It is also not easy to have a fixed job in some parts of the world. Government has denied their duty of job creation in some countries making young guys to venture into anything possible to make money. That is why the crime rate has risen so high. Creation of scam coins, Ponzi schemes and the rest of them now characterized the cryptocurrency industry. It is therefore nice to have another source of income  to augment your bitcoin investment in order not to be stranded during the bear market.

The same government will come on the internet and say horinle things about internet work and yet they never provide jobs for people, sometimes I wish God can just erase all politicians and appoint new people with a promise that if they don't do the job they promised people, they will not see their life after some months, I believe with this there will be massive transformation in many countries.

If not for Bitcoin and the way people has now put effort on making money through content creation and offering services online, the government would have think that doing hotel job is the best alternative for someone without job after obtaining a school certificate.

The government you mentioned is a government that does not understand the goodness of the internet and of course the benefits we can get from investing in crypto currency.
I think the government should learn about crypto and learn from the experts there.

[KingsDen]

It is also not easy to have a fixed job in some parts of the world. Government has denied their duty of job creation in some countries making young guys to venture into anything possible to make money. That is why the crime rate has risen so high. Creation of scam coins, Ponzi schemes and the rest of them now characterized the cryptocurrency industry. It is therefore nice to have another source of income  to augment your bitcoin investment in order not to be stranded during the bear market.

The same government will come on the internet and say horinle things about internet work and yet they never provide jobs for people, sometimes I wish God can just erase all politicians and appoint new people with a promise that if they don't do the job they promised people, they will not see their life after some months, I believe with this there will be massive transformation in many countries.

If not for Bitcoin and the way people has now put effort on making money through content creation and offering services online, the government would have think that doing hotel job is the best alternative for someone without job after obtaining a school certificate.

Even the existence of bitcoin, which do not affect the government is being fought by the government. Of what importance will it be to government that bitcoin no longer exist. On the second thought, the profit and losses people make in their bitcoin investments, does it affect the government?
It is time we discover that we will deliver ourselves by ourselves and not the government. Then refering to OP, when you have problems, sell your BTC and solve your problem if that is the only solution.

[SmartGold01]

The government you mentioned is a government that does not understand the goodness of the internet and of course the benefits we can get from investing in crypto currency.
I think the government should learn about crypto and learn from the experts there.

You think or thought the government do not know the benefits of cryptocurrency?
I doubt because the said government has agencies who are there trading and making money for them.

Now let me tell you the problems of Government: Since they are called the authority they want every single thing to be owned and controlled by them without any other authority controlling it while they are there but, all thanks to Satoshi for remaining anonymous this made governments to be incapacitated. Therefore since they can't beat the hit they join the best to start holding and trading bitcoin and any form of cryptocurrency.

Although openly they criticized about bitcoin but secretly they expand their coats of bitcoin. They are the worst sets of people to be trusted since they are too mischievous wanting to have all power by themselves without any single entity having any.

[Manna]

We know that various kinds of people are stay in this world. Than some people are related in the crypto currency world. But this related person are all did not knowledge in cryptocurrency market. Some are talk wrong news, they also spread this news. We also know that this panic news can not do disappointed this people who are aware of bitcoin and crypto currency world. So we should aware from social media and fallen of manpolution.

True, there are different types of people in the cryptocurrency market, and not everyone knows the right information about the market.  The spread of misinformation and panic news can be detrimental to the market.  False or inaccurate news can spread quickly, especially on social media and online platforms, which can confuse investors and cause market volatility. For those who are aware of cryptocurrencies, it is important to be wary of misinformation and confirm from trusted sources.  One should make his own investment decision by checking the news spread on social media and gathering correct information.  To guard against human contamination, it is important to ensure that you are taking information from reputable and credible sources and making decisions based on a sound consensus.

[Rubel007]

The government you mentioned is a government that does not understand the goodness of the internet and of course the benefits we can get from investing in crypto currency.
I think the government should learn about crypto and learn from the experts there.

You think or thought the government do not know the benefits of cryptocurrency?
I doubt because the said government has agencies who are there trading and making money for them.

Now let me tell you the problems of Government: Since they are called the authority they want every single thing to be owned and controlled by them without any other authority controlling it while they are there but, all thanks to Satoshi for remaining anonymous this made governments to be incapacitated. Therefore since they can't beat the hit they join the best to start holding and trading bitcoin and any form of cryptocurrency.

Although openly they criticized about bitcoin but secretly they expand their coats of bitcoin. They are the worst sets of people to be trusted since they are too mischievous wanting to have all power by themselves without any single entity having any.

There is no government in the world that does not know about Bitcoin. Governments know that they will never recognize the benefits of Bitcoin until Bitcoin is officially legalized. But we can say that governments are using Bitcoin to hide their wealth. Bitcoin is creating great opportunities for them. Corrupt countries in the world will use Bitcoin to anonymize their assets or to launder assets. Even if they or many of their agencies can do it, they are unwilling to teach the general public about Bitcoin. Because they never willing to give up their control to others.

[rizqillah]

There is no government in the world that does not know about Bitcoin. Governments know that they will never recognize the benefits of Bitcoin until Bitcoin is officially legalized. But we can say that governments are using Bitcoin to hide their wealth. Bitcoin is creating great opportunities for them. Corrupt countries in the world will use Bitcoin to anonymize their assets or to launder assets. Even if they or many of their agencies can do it, they are unwilling to teach the general public about Bitcoin. Because they never willing to give up their control to others.

It is true that corruptors will hide their assets by investing in bitcoin, they will feel safe. The government knows the benefits of bitcoin and maybe they have fears if bitcoin and crypto are misused to hide the proceeds of corruption and illegal activities. Maybe this is the reason why a country's government rejects bitcoin.

[Wiseman]

Panic is the most powerful tool in marketing and those who do it professionally know about it and practice it very often and as many say that the biggest profits are earned on the fall of the market and not on growth, I mean that when you come to the market you must understand that they will want to take your money and preferably all of it))

[milewilda]

It is also not easy to have a fixed job in some parts of the world. Government has denied their duty of job creation in some countries making young guys to venture into anything possible to make money. That is why the crime rate has risen so high. Creation of scam coins, Ponzi schemes and the rest of them now characterized the cryptocurrency industry. It is therefore nice to have another source of income  to augment your bitcoin investment in order not to be stranded during the bear market.

The same government will come on the internet and say horinle things about internet work and yet they never provide jobs for people, sometimes I wish God can just erase all politicians and appoint new people with a promise that if they don't do the job they promised people, they will not see their life after some months, I believe with this there will be massive transformation in many countries.

If not for Bitcoin and the way people has now put effort on making money through content creation and offering services online, the government would have think that doing hotel job is the best alternative for someone without job after obtaining a school certificate.

The government you mentioned is a government that does not understand the goodness of the internet and of course the benefits we can get from investing in crypto currency.
I think the government should learn about crypto and learn from the experts there.

Really hard to believe that government wont be able to know considering that they do love on learning everything, even if they are really that left behind on what crypto is but
sooner or later they would really be able to catch up. This is why we are seeing institutions is really that making some accumulation of coins as of this moment and so as with those ETF's been approved on which this signifies that they had joined up into this space. If at first they dont really like it due on being decentralized but now they are really that going along
on whats the current trend as of this moment.

[Manna]

It is also not easy to have a fixed job in some parts of the world. Government has denied their duty of job creation in some countries making young guys to venture into anything possible to make money. That is why the crime rate has risen so high. Creation of scam coins, Ponzi schemes and the rest of them now characterized the cryptocurrency industry. It is therefore nice to have another source of income  to augment your bitcoin investment in order not to be stranded during the bear market.

The same government will come on the internet and say horinle things about internet work and yet they never provide jobs for people, sometimes I wish God can just erase all politicians and appoint new people with a promise that if they don't do the job they promised people, they will not see their life after some months, I believe with this there will be massive transformation in many countries.

If not for Bitcoin and the way people has now put effort on making money through content creation and offering services online, the government would have think that doing hotel job is the best alternative for someone without job after obtaining a school certificate.

The government you mentioned is a government that does not understand the goodness of the internet and of course the benefits we can get from investing in crypto currency.
I think the government should learn about crypto and learn from the experts there.

Really hard to believe that government wont be able to know considering that they do love on learning everything, even if they are really that left behind on what crypto is but
sooner or later they would really be able to catch up. This is why we are seeing institutions is really that making some accumulation of coins as of this moment and so as with those ETF's been approved on which this signifies that they had joined up into this space. If at first they dont really like it due on being decentralized but now they are really that going along
on whats the current trend as of this moment.

Your observation is very accurate.  Early on, the concept of cryptocurrency and blockchain was unfamiliar or suspicious to many governments and institutions, especially because it was decentralized and unregulated.  But with time, governments and institutions are beginning to realize the importance of cryptocurrency and its potential. Blockchain technology and the widespread adoption of cryptocurrency have grown, and it is clear that governments and institutions now want to carve out a place for themselves in this space.  ETF (Exchange-Traded Fund) approvals and cryptocurrency policymaking also reflect this.

[Jamal Aezaz]

It is also not easy to have a fixed job in some parts of the world. Government has denied their duty of job creation in some countries making young guys to venture into anything possible to make money. That is why the crime rate has risen so high. Creation of scam coins, Ponzi schemes and the rest of them now characterized the cryptocurrency industry. It is therefore nice to have another source of income  to augment your bitcoin investment in order not to be stranded during the bear market.

In our country the government is still providing different job opportunities but due to limited seats and a larger population everyone cannot get their job so they are moving towards other ways through which they can make income so there is no fault of government but some individuals are not capable of certain jobs due to less education.

People desire to examine their luck so they are not using their talents but randomly do trading due to which either they win a jackpot or lose a big amount in just a single try but I think before trading we should search for a regular job so we will be able to use our own money to make more money and we will not be dependent on others for money.

[rizqillah]

Really hard to believe that government wont be able to know considering that they do love on learning everything, even if they are really that left behind on what crypto is but
sooner or later they would really be able to catch up. This is why we are seeing institutions is really that making some accumulation of coins as of this moment and so as with those ETF's been approved on which this signifies that they had joined up into this space. If at first they dont really like it due on being decentralized but now they are really that going along
on whats the current trend as of this moment.

As I used to say everything will be crypto, because even though they are left behind they will try to learn crypto and catch up. Moreover, the existence of ETF is proof that crypto is recognized by the SEC. The government will participate in this and we will see the development of crypto will be better in the future, I agree with this member's prediction.

[SmartGold01]

The government you mentioned is a government that does not understand the goodness of the internet and of course the benefits we can get from investing in crypto currency.
I think the government should learn about crypto and learn from the experts there.

You think or thought the government do not know the benefits of cryptocurrency?
I doubt because the said government has agencies who are there trading and making money for them.

Now let me tell you the problems of Government: Since they are called the authority they want every single thing to be owned and controlled by them without any other authority controlling it while they are there but, all thanks to Satoshi for remaining anonymous this made governments to be incapacitated. Therefore since they can't beat the hit they join the best to start holding and trading bitcoin and any form of cryptocurrency.

Although openly they criticized about bitcoin but secretly they expand their coats of bitcoin. They are the worst sets of people to be trusted since they are too mischievous wanting to have all power by themselves without any single entity having any.

There is no government in the world that does not know about Bitcoin. Governments know that they will never recognize the benefits of Bitcoin until Bitcoin is officially legalized. But we can say that governments are using Bitcoin to hide their wealth. Bitcoin is creating great opportunities for them. Corrupt countries in the world will use Bitcoin to anonymize their assets or to launder assets. Even if they or many of their agencies can do it, they are unwilling to teach the general public about Bitcoin. Because they never willing to give up their control to others.

That's true because the said government are the people who speaks against bitcoin and they aren't willing to teach anyone what they are secretly using it for, and of course if they do their secret could be exposed and would be caught for doing such thing with there looted funds. So far like I know, bitcoin has created an easy way to payment especially online payment and there should be need for government to legalized Bitcoin.

[satpol_PP]

That's true because the said government are the people who speaks against bitcoin and they aren't willing to teach anyone what they are secretly using it for, and of course if they do their secret could be exposed and would be caught for doing such thing with there looted funds. So far like I know, bitcoin has created an easy way to payment especially online payment and there should be need for government to legalized Bitcoin.

Maybe you are right, because I see governments in several countries do not seem to support bitcoin and crypto, maybe your guess is right they have actually used crypto to store their wealth. most of the rich people store their wealth hiding it from taxes by investing in bitcoin. that's what the gossip has been circulating.

[Asiska02]

Even the existence of bitcoin, which do not affect the government is being fought by the government. Of what importance will it be to government that bitcoin no longer exist. On the second thought, the profit and losses people make in their bitcoin investments, does it affect the government?

Government are only fighting bitcoin just to be centralized and within their control, they don’t care about the losses incur by users that are trading or storing them as another asset they can depend on. They want to be able to know the worth of their citizens and be able to tax them as appropriately as their wealth translates. They don’t care about the bitcoin or its existence and if ever stop to exist today, they won’t care to know why and won’t falter for that will lose their money.

[doc]

Even the existence of bitcoin, which do not affect the government is being fought by the government. Of what importance will it be to government that bitcoin no longer exist. On the second thought, the profit and losses people make in their bitcoin investments, does it affect the government?

Government are only fighting bitcoin just to be centralized and within their control, they don’t care about the losses incur by users that are trading or storing them as another asset they can depend on. They want to be able to know the worth of their citizens and be able to tax them as appropriately as their wealth translates. They don’t care about the bitcoin or its existence and if ever stop to exist today, they won’t care to know why and won’t falter for that will lose their money.

It seems that the government in some countries has begun to receive bitcoin for investment even among them has also wrapped Bitcoin for the Payment Method. So there is no need to worry about the existence of Bitcoin even though previously the government had a decentral technology.
The panic that is there for Newbies because seeing the price of Bitcoin is down is the lack of understanding and experience in learning the character of the crypto market. Later they also understand when they have a lot of experience.