What make people panic sell? - page 12.

wemakereview

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Quote from: Trixoempire on May 12, 2021, 03:11:24 PM

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

In my opinion, the news plays a central role. Nobody maybe thinks that Bitcoin turns to zero price, but not everybody bought it at low prices as well. On the other hand, we should pay attention to interests! It's a matter of interest I guess.

000sghosh

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There are countless historical examples of shares going to zero. In those cases, panic selling before they hit zero was always the right decision.

S4VV4S

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maybe it's more of an interest that can't be tolerated so they are forced to sell bitcoin or release it on the stock market but today bitcoin even though we release it at a price that we may not determine, but we can buy this business again with assets that we have in the future because the bitcoin system will last for a very long time so that we are more free to release or buy back bitcoins, so for a relatively fast release process it is not a problem for miners

mitchr4

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Actually, there are many factors that influence people to panic sell. The most common is when people hear bad speculations. When people see or hear news that is not based on the truth it can make people worry and panic selling the coins they have with the intention of not getting a lot of losses.

Wildwest

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We as investors certainly have a different mentality, so when we invest the pressure we feel must exist, although we have great confidence that the coins we hold today will be body for the future, but when the decline occurs and some of our assets are lost then at that time we feel panic so we sell the coins we hold when we are experiencing losses, But for some old investors this problem can be overcome so that until now they always get a profit.

habebe

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i think people panic sell if a profit trade suddenly increases by bigger ,, of course it's also fun and suddenly the profits go down that's make you crazy., when a year passed the exchange prices were really very low very few people invested so it's sad to know and also sometimes drop bitcoin prices.

haasanjui

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Some of people made research and bought coins and when coins get little pump then People sell coins because they thought if they waited coins price can decrease and then they sell their coin and got little profit. Some people wants to be rich fast who can do this panic sell.

Congyang

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Quote from: Cnut237 on November 08, 2021, 10:23:20 AM

Quote from: Trixoempire on May 12, 2021, 03:11:24 PM

What make people panic sell?

Panic makes people panic sell.
Generally it can be because they are newish to crypto, and have never experienced a price drop before, they are unaccustomed to what is often quite large volatility, and the uncertainty amplifies their concern beyond what is reasonable.
But it depends on the coin. If they are backing some low-cap low-volume alt that has suddenly gone x100 in price for no discernible reason, and then started dropping, then panic-selling might be a perfectly rational response.

that's right, as you say in general things like this happen because they are new to crypto and only follow what other people see and suggest, so when they are on that path and experience a fairly severe correction they immediately sell even though it is detrimental .
on the other hand, there are many examples like this, but indeed the lack of literacy in everyone makes things like this keep repeating themselves for reasons of ignorance.

DarkDays

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Various reasons cause people to panic sell.

A well-known cause of this is flash dumps, where they think the market doesn't recover and it will die from thereon. Can't fault most people for thinking that as only the true enlightened few see it as an opportunity.

Panic selling is also caused by new people not knowing what they are doing, and simply following the majority. Let's not forget about those who need the $$ right away. In a nutshell, there are various reasons people panic sell, while some depend on personal circumstance most stem from not enough knowledge - not something that can change overnight.

taufik0911

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market panic occurs because a lot of newbies enter the market when the price is high and when the whales start taking their profits the newbies get shocked and do a token sale and make the price keep going down after they panic they do FUD unconsciously because they have a loss and the solution for the condition this is by giving them (the beginners) education about the market

Mamun74

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Some people panic sell because they take sadly discission. Most of newbies loses Their money coz they are greedy and impatient. Patience is necessary for investment and trading. When you Start trading or holding then You need to more patience and control your emotion. Don’t be panic, keep patience. I think You can get good profit in future just don’t panic sell.

izsara

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Quote from: proTECH77 on November 08, 2021, 02:23:04 PM

Bitcoin is still dominating as the king among other cryptocurrencies in the market. Bitcoin cannot decrease to $0 because there are many altcoins which are very close to bitcoin items of pumping in the market. Now that it has been long for investors have be waiting for the price of bitcoin to increase to $60k before they can sell to achieve good profits from the market. Anyone that is still holding can still be among the lucky investors, if only they can release their coin for sale, since the price just increase to $68 which it can dump at any moment from the market.

what do you mean? hasn't its adoption been very obvious for a long time. regardless of how much they actually sell it depends on each other there is no compulsion in it.
because I don't think everyone's target will be the same from one another.

laurenB7742

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Quote from: CryptocurencyKing on November 08, 2021, 02:25:13 PM

One thing people ought to realise is that; that which makes one investor panic and sell, is that which would make another investor opt for a buy. Without a sell, there won't be a buy and so, the market and project continues to strive and grow.

There might be a lot of reasons that would require a sell but then, the question of;
1 Is it worth it?
Is there another alternative means to archiving the purpose for which the sell would have been intended?

That's should be the questions on your mind to necessitate a sell and then you can either push further or go for an alternative. Just make sure you don't regret in a few years.

Genera sell and panic sell is not the same thing. Usually, people do panic sell when they suspect serious correction all over the market or when a sudden dump happens.
When traders and holders see a sudden dump and see draining their portfolio within a couple of minutes they felt fear and attempt to sell their holding at an insane price, this is causes of more dumps. So, the main reason of panic selling is fear and rumor.

Fredomago

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Quote from: tippytoes on November 08, 2021, 12:11:18 PM

Quote from: Cnut237 on November 08, 2021, 10:23:20 AM

Quote from: Trixoempire on May 12, 2021, 03:11:24 PM

What make people panic sell?

Panic makes people panic sell.
Generally it can be because they are newish to crypto, and have never experienced a price drop before, they are unaccustomed to what is often quite large volatility, and the uncertainty amplifies their concern beyond what is reasonable.
But it depends on the coin. If they are backing some low-cap low-volume alt that has suddenly gone x100 in price for no discernible reason, and then started dropping, then panic-selling might be a perfectly rational response.

This is true, if the person has not experienced a downward movement before, he would certainly panic sell. And mostly, those are newbies in the market. However, it can happen also to old timers, if they are holding some alts which suddenly drop its price, where they are hoping to gain good amount of profit. And if they see that the project doesn't have much reason to exist, in short, no solid application in the market. They would panic if the trend is in continuous downward motion, because normally, it would not go up again. Most projects with this kind of performance are those pump and dump coins, crap tokens/coins, hyped up coins. Newcomers as well as old timers panic sell when they are holding those coins.

Kind of reaction that mostly leads those investors to lose their money, Investing without doing a proper research mostly ends up into panic, there are many reasons but the common are these kinds of things that mostly happened with both newcomers and old timers, wrong anticipation and low amount of trust to the team and with the development of the project.

You need to work hard if you want to lessen the chance of being victimized with this kind of action. If you want not to fall into panic, make sure that you fully understand the project and all the potential that leads you to trust the team.

CryptocurencyKing

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One thing people ought to realise is that; that which makes one investor panic and sell, is that which would make another investor opt for a buy. Without a sell, there won't be a buy and so, the market and project continues to strive and grow.

There might be a lot of reasons that would require a sell but then, the question of;
1 Is it worth it?
Is there another alternative means to archiving the purpose for which the sell would have been intended?

That's should be the questions on your mind to necessitate a sell and then you can either push further or go for an alternative. Just make sure you don't regret in a few years.

proTECH77

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Bitcoin is still dominating as the king among other cryptocurrencies in the market. Bitcoin cannot decrease to $0 because there are many altcoins which are very close to bitcoin items of pumping in the market. Now that it has been long for investors have be waiting for the price of bitcoin to increase to $60k before they can sell to achieve good profits from the market. Anyone that is still holding can still be among the lucky investors, if only they can release their coin for sale, since the price just increase to $68 which it can dump at any moment from the market.

tippytoes

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Quote from: Cnut237 on November 08, 2021, 10:23:20 AM

Quote from: Trixoempire on May 12, 2021, 03:11:24 PM

What make people panic sell?

Panic makes people panic sell.
Generally it can be because they are newish to crypto, and have never experienced a price drop before, they are unaccustomed to what is often quite large volatility, and the uncertainty amplifies their concern beyond what is reasonable.
But it depends on the coin. If they are backing some low-cap low-volume alt that has suddenly gone x100 in price for no discernible reason, and then started dropping, then panic-selling might be a perfectly rational response.

This is true, if the person has not experienced a downward movement before, he would certainly panic sell. And mostly, those are newbies in the market. However, it can happen also to old timers, if they are holding some alts which suddenly drop its price, where they are hoping to gain good amount of profit. And if they see that the project doesn't have much reason to exist, in short, no solid application in the market. They would panic if the trend is in continuous downward motion, because normally, it would not go up again. Most projects with this kind of performance are those pump and dump coins, crap tokens/coins, hyped up coins. Newcomers as well as old timers panic sell when they are holding those coins.

Cnut237

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Quote from: Trixoempire on May 12, 2021, 03:11:24 PM

What make people panic sell?

Panic makes people panic sell.
Generally it can be because they are newish to crypto, and have never experienced a price drop before, they are unaccustomed to what is often quite large volatility, and the uncertainty amplifies their concern beyond what is reasonable.
But it depends on the coin. If they are backing some low-cap low-volume alt that has suddenly gone x100 in price for no discernible reason, and then started dropping, then panic-selling might be a perfectly rational response.

blockman

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Quote from: dimox on November 08, 2021, 08:13:58 AM

we know if crypto can make you rich faster than other, there are many people take that advantage for some little day. but we can learn in stock, if you swim on investment, never think to get rich faster, but think far enough to prepare whatever situation. you are ready to have dump, and pump.

Those who think of getting rich too quick, they're the ones that are failing mostly. Because of the hype of their minds of being rich as soon as possible, they're making things impossible but in the wrong ways. People who has lesser experience in crypto and they've bought it because of the rich quick that they've heard from someone, they're the ones that are panic selling whenever the market goes even at the smallest correction that it can.

Farma

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Quote from: illetyus on November 07, 2021, 06:12:46 AM

Scientific fact: When you experience fear, the logic region of the brain starts to get blocked.
The limbic system takes control to stop the stress.
You sell and you lose. However, there is usually a sense of relief. Because the stress is gone.

Well, this is in the realm of the world of health.
in short, panic selling is caused because so many FUDs are scattered, so people are afraid of getting bigger losses, and think that selling now is the best way to stop these losses. well, as a result, a large dump occurred due to panic selling.

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