I relate panic sell to a bull whip in that its a chain reaction effect and the last point of the whip accumulates so much momentum that it can break the sound barrier, just a simple leather whip can do this. The crack sound of the whip is so loud as its the same as the boom of an aircraft passing the speed of sound, this relates to the natural dynamic in a market that somehow impossible things start to occur. The blatant obvious facts we knew at start of the day become secondary to the hype or in this case panic fear to drop everything and run, it is surprising but every part of the market can end up wanting to sell at once and we get vastly inaccurate pricing.
This is human instinct, its nature and its thousands of years old in history and still true now with this latest technology. The extremes of price are often incorrect but they happen anyway as market demands a price; the buyer of last resort to a seller who wants rid of their fears may be offered a very low price & the seller at the top of the market demands a silly price but both can happen in that moment.
Topic: What make people panic sell? - page 10. (Read 4400 times)
We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
those who panic sell have no other reason than to think the asset they hold will continue to experience price declines, have problems or go to zero. while those who stay afloat are those who are optimistic about the future of the assets they hold and think that the current price will not last forever. Changing the mindset is the best way to profit from crypto in the future.
What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies.
They're not really interested in Bitcoin.
I agree, but often it's because someone has just been persuaded by someone else to invest and he don't really know in what he invested. It is these random investors who most often panic when there is a sharp change in the price.
and thats the time you would really be making your steps on learning further more and panic sell is a very common kind of act because we dont like on losing money which we would normally making such action
on cutting loss and thats why we panic sell.We dont really mind if we sell on loss or below on our buying point.
In my opinion, it is not good that someone is investing in something they have no idea, and when the price drops quickly for a while, they start to panic. Learning should come from observing the market first. The fact that panic arises in the market is due to the mistake of people who did not research the cryptocurrency market before.
Right, if we don't know about cryptocurrencies and only rely on instinct then we will panic, it's better to learn and look for the right information about crypto, because many discussions on facebook or other social media only tell us to invest by providing evidence that he has made big profits,
These days the price correction used to create some panic among the common people who aren't a big holder of cryptocurrencies, whereas the whales and day traders try to make good profit by the time.
What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies.
They're not really interested in Bitcoin.
I agree, but often it's because someone has just been persuaded by someone else to invest and he don't really know in what he invested. It is these random investors who most often panic when there is a sharp change in the price.
and thats the time you would really be making your steps on learning further more and panic sell is a very common kind of act because we dont like on losing money which we would normally making such action
on cutting loss and thats why we panic sell.We dont really mind if we sell on loss or below on our buying point.
In my opinion, it is not good that someone is investing in something they have no idea, and when the price drops quickly for a while, they start to panic. Learning should come from observing the market first. The fact that panic arises in the market is due to the mistake of people who did not research the cryptocurrency market before.
Right, if we don't know about cryptocurrencies and only rely on instinct then we will panic, it's better to learn and look for the right information about crypto, because many discussions on facebook or other social media only tell us to invest by providing evidence that he has made big profits,
What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies.
They're not really interested in Bitcoin.
I agree, but often it's because someone has just been persuaded by someone else to invest and he don't really know in what he invested. It is these random investors who most often panic when there is a sharp change in the price.
and thats the time you would really be making your steps on learning further more and panic sell is a very common kind of act because we dont like on losing money which we would normally making such action
on cutting loss and thats why we panic sell.We dont really mind if we sell on loss or below on our buying point.
In my opinion, it is not good that someone is investing in something they have no idea, and when the price drops quickly for a while, they start to panic. Learning should come from observing the market first. The fact that panic arises in the market is due to the mistake of people who did not research the cryptocurrency market before.
What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies.
They're not really interested in Bitcoin.
I agree, but often it's because someone has just been persuaded by someone else to invest and he don't really know in what he invested. It is these random investors who most often panic when there is a sharp change in the price.
and thats the time you would really be making your steps on learning further more and panic sell is a very common kind of act because we dont like on losing money which we would normally making such action
on cutting loss and thats why we panic sell.We dont really mind if we sell on loss or below on our buying point.
What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies.
They're not really interested in Bitcoin.
I agree, but often it's because someone has just been persuaded by someone else to invest and he don't really know in what he invested. It is these random investors who most often panic when there is a sharp change in the price.
The only thing that make people panic sell is that they are always afraid to loss or they are afraid to hold when they saw the bloody market they always do panic selling to prevent a big loss because of the dropping of the price of the coin that they are holding without knowing the fact that because of that greed they will always lose. We need to always remember that we cannot loss if we don't sell in at loss.
We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
because most of them don't really understand market or much better to say that they are not giving trust in the crypto they are investing instead all they want is to seek easy money that is the same reason of why they become loser.But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
You are pointing in long term investing and the reason why we are here but many of us don't wanna hold unto this and all they wanted to buy and sell and earn instantly .
This is a normal situation. When people hear negative news about Bitcoin, they will choose to sell. They are newbies to cryptocurrency and they are afraid of failure. This is also the reason why most newcomers fail to invest. This will also be the experience accumulated for their future investment, and the wasted opportunity can only be missed. The potential of Bitcoin in the future is still worth long-term investment
Panic sell because the price drop is significant, like today I panicked because many of my crypto assets dropped more than 10%, immediately exchanged to stable coins such as USDT and BUSD I often do to avoid bigger losses, besides the drop market panic sell occurs because many negative issues such as getting banned from big countries like China or South Korea.
I never panic sell , but every human have a limit to hold things after that they will surely sell it. I never bought Bitcoin but earned it from different sources and whenever i feel its time to sell and get some money for the daily use then i sell it. Every weekend or month end you can see 2-3 times bitcoin price dumped due to such holders too. After all Bitcoin is money and just holding it and not using it is of no use. Right ?
Panic sell often comes at the end of the move, they lose their stamina to hold BTC further. Its the one time forums should be useful in providing another perspective besides your own, plenty people here can remember BTC at 100 and really losing 10k now is a big red move but overall we havent really lost even then.
Losing that value creates fears. Not everyone knows how the market works. Some are just here because of the previous hypes,
They invested their money in hope of riding with the hypes and make a good amount of profits. We can't convince them that we
are not losing from their understanding the value of fiat is more important.
Quote
Ironically panic sell is a signal to buy but in a measured way, perhaps 1/10th of your budget for a year could go in on panic. Right now its nowhere near that, just a pullback dismal but can still recover in the same way. When people can no longer see the recovery it can turn to panic.
That is right, to those who can survive to these corrections. Adding more to your assets is still considerable,
believing in your investment will lead you to a much better success.
Panic sell often comes at the end of the move, they lose their stamina to hold BTC further. Its the one time forums should be useful in providing another perspective besides your own, plenty people here can remember BTC at 100 and really losing 10k now is a big red move but overall we havent really lost even then.
Ironically panic sell is a signal to buy but in a measured way, perhaps 1/10th of your budget for a year could go in on panic. Right now its nowhere near that, just a pullback dismal but can still recover in the same way. When people can no longer see the recovery it can turn to panic.
Ironically panic sell is a signal to buy but in a measured way, perhaps 1/10th of your budget for a year could go in on panic. Right now its nowhere near that, just a pullback dismal but can still recover in the same way. When people can no longer see the recovery it can turn to panic.
What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies.
They're not really interested in Bitcoin.
People do mind off on making out some accumulation but in the end of the day they are still tending to accumulate fiat as much as they can
but well we do have different targets and beliefs.
Some might stick out on being supportive and some do really just target out on having more profits doesnt matter whether in fiat or in crypto.
As long they do pertain that kind of motive.
What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies.
They're not really interested in Bitcoin.
We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
For me i think it's only the law of sell when high and buy when low especially for those who trade in the daily basis but if you see Bitcoin as an eye of an investor you surely wait for a few years to gain profit wether Bitcoin or other cryptocurrencies. But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
There are many reasons that make most people panic selling, maybe one of them is because people are pressed because of the economy, because of the needs of their families, and there is also the influence of people who post negative things about bitcoin, thus making him panic, and immediately sell, because he is afraid of the price. down again..
More than purely the need's of someones family or economic fears, I would probably say the first and foremost issue are impulsive reactions to something they saw or heard. Its always impulse that makes a bad trade rather than keeping on following a certain strategy. They see something bad about Bitcoin on the news channel, they run to their computer or pick up their phone to press the sell button without second thought. Its just human nature.
specially when my guts and intuition kicks in for me to sell out on whenever i do hear out some news which it do seems that could really be impactful on the current market condition.
There are really times that no matter how you do avoid but still there would be some voice inside your head that you would need to sell.
There are many reasons that make most people panic selling, maybe one of them is because people are pressed because of the economy, because of the needs of their families, and there is also the influence of people who post negative things about bitcoin, thus making him panic, and immediately sell, because he is afraid of the price. down again..
More than purely the need's of someones family or economic fears, I would probably say the first and foremost issue are impulsive reactions to something they saw or heard. Its always impulse that makes a bad trade rather than keeping on following a certain strategy. They see something bad about Bitcoin on the news channel, they run to their computer or pick up their phone to press the sell button without second thought. Its just human nature.
When you buy a coin, you expect its value to increase so that you can make a profit with it. But when it makes an uncertain move and you see all your hopes falling apart, you start panic selling it.
This will only happened if you didn't set a stop loss on all of your trades. There's different factor involved in panic selling. Your comment is the most general reason there's a lot of factors beneath that. Many traders are investing money that they need for there daily expenses that's why they are too sensitive everytime there's a sudden downward on the price. Trading using a money dedicated for other things will just give pressure to trader that's why they often panic.
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