What make people panic sell? - page 16.

rodskee

full member

Activity: 2520

Merit: 204

Quote from: markdario112616 on September 19, 2021, 06:48:13 PM

There are a lot of factors on why People are do panic selling. Let's name some of it;

1. Newbie trader - Slight adjustment seems pretty big to them.

we all managed to experience this specially in our first years here in crypto market, but of course eventually learning to prevent this attitude in time.

Quote

2. FUD - Fake news is one of the most common, since a lot of us are into soc med there are people tend to manipulate the market by spreading false information about the certain thing.

this is similar to the mentioned above because FUD will only take effect if the involved is affected by small movements.

Quote

3. Hype - As newbie trader, probably they'll invest at most to the known player in the market. But when something came up and see some are generating revenue while their own investment is not. It will drive them to withdraw and reinvest to another even at lost.

..and many more. The about this panic selling is that, is wrong but felt right at the same time for new traders. They tend to use emotions rather than the data/information available.

for me this called Stupidity , why joining investment that you don't totally understand?

markdario112616

full member

Activity: 816

Merit: 133

There are a lot of factors on why People are do panic selling. Let's name some of it;

1. Newbie trader - Slight adjustment seems pretty big to them.

2. FUD - Fake news is one of the most common, since a lot of us are into soc med there are people tend to manipulate the market by spreading false information about the certain thing.

3. Hype - As newbie trader, probably they'll invest at most to the known player in the market. But when something came up and see some are generating revenue while their own investment is not. It will drive them to withdraw and reinvest to another even at lost.

..and many more. The about this panic selling is that, is wrong but felt right at the same time for new traders. They tend to use emotions rather than the data/information available.

Sir Legend

sr. member

Activity: 1792

Merit: 255

Most of them are still newbies, when I was a newbie and entered trading, I panicked too easily when I saw prices drop or increase by more than 5%, at first I was trading in forex but the daily increase was never even more than 3%, after getting more and more familiar with crypto now the price goes up or down by 50% in a day it's a natural thing and don't panic anymore.

tazmantasik

hero member

Activity: 1113

Merit: 507

Don't Get Involved

Quote from: CDC AP on September 19, 2021, 07:16:18 AM

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.

Yeah right , a normal situation for all of us not just beginners in my opinion . But this factor is mostly caused because their capital money is not cold money but hot money. So when trading in the market he is less calm and when he gets negative information and the price drops he immediately decides to make a loss.

CDC AP

full member

Activity: 463

Merit: 102

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.

riso2015

sr. member

Activity: 1246

Merit: 254

Trphy.io

Those who panic are usually afraid of running out of their capital and it could be that the capital they use is not cold capital. If it is capital for the long term and is only used to focus on investing, I think they will be patient when the coin is experiencing a correction. Whereas with them selling it at a cheap price is a folly.

Peanutswar

legendary

Activity: 1708

Merit: 1280

Top Crypto Casino

We all know that the market is volatile and any chance, it could pump or dump depends on the trader, investors such as the whales. Some people panic about selling unexpectedly because they want to prevent getting too many losses instead of gaining profit. In some cases, it's good to know when is the part to hold or not. Newbie in market technical analysis and indicators for sure gets a panic sell when the price drops, to those who are knowledgeable keep holding because they know its normal. Fear is one of the most common factor to lose their assets and of course no one wants that.

cloudfir3e

member

Activity: 430

Merit: 10

Tontogether | Save Smart & Win Big

Quote from: Trixoempire on May 12, 2021, 02:11:24 PM

But why the hell people panic sell now after it reach this high amount?

sometimes someone buys bitcoin using important money such, as money for daily needs or money used for other things. so that when they see the price of bitcoin go down a little they will panic and sell it immediately, it can be said that they are afraid of losing too much

Quote from: Trixoempire on May 12, 2021, 02:11:24 PM

Do people really still think it goes to 0?

as i said above, it all starts with panic and they think negatively about the bitcoin price.
but i think that's the thought of a newbie who just joined the crypto world

CNMOH

member

Activity: 266

Merit: 10

First of all, the experience level of an investor is really important. If one is an inexperienced investor and didn't do a detailed research about the coin they invested, then there is a high possibility that this person can panic sell also. These people like to FOMO also. When prices start going higher and they see many people buying, they start feeling bad about not buying for themselves. And they also start buying right after that. But they don't have a roadmap about what to do. I mean when to stop being greedy and sell.

add1ct3dd

sr. member

Activity: 658

Merit: 270

Quote from: Shohanur on September 09, 2021, 02:42:07 PM

Quote from: Trixoempire on May 12, 2021, 02:11:24 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

Some bad news about the price of bitcoin can create the situation. Besides, some people have no strong believe in bitcoin. In this purpose, influencer can play vital role.

If someone is in market then surely he is not going to be afraid of these things because after staying here he is understanding all fundamentals and realize it's usual business prices are going to down and up.

Sometime few newbies start selling blindly because they are not able to handle situation and want some quick profit which hurt market and panic selling start due to rumors. Many times we have some good rise in any coin is also problem for many because they feel now it's ATH, and they start selling which also bring dumb, and they feel after dumb they will enter again in market.

RiskySanchez

full member

Activity: 588

Merit: 100

If someone gets a panic sell, I think they are psychologically depressed because of many factors why they panic. a logical option because it uses money all out so it makes someone not concerned to following the crypto cycle "bearish-sideways-bullish"

Marvell1

legendary

Activity: 2408

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

This only happens to newbies who are inexperienced with the volatility of the crypto market. On September 7th as an example, the bitcoin price crash over 10k USD in less than an hour. For newbies, it's terrible when they see their money lost and they don't know how to react at that moment. Perhaps choosing to sell is the last thought they have.

kanayaTabitha

sr. member

Activity: 980

Merit: 252

Panic sell is commonly happen because people already saw a lot of cryptocurrency crash for like 80%-90% in a short time even the cryptocurrency with many holders and good content provided.
So this is normal when people already invest much on a token and then the token experienced a big drop in a short time, the investors afraid to see their investment loss more than 50% because to recover it back it will need a very long time or even not recovering anymore due to a lot of new projects incoming and people are starting to invest to new proect and leave the old ones.

jakasantosa

jr. member

Activity: 448

Merit: 2

Think better

Quote from: dimox on September 09, 2021, 03:59:13 AM

people will cut when they think how much profit can be take in that time, different with panic sell. the first will calculate every move of bitcoin, they sell to take small or big profit than to gain it back. panic sell, just sell coin when they afraid to loss or cant get profit. they just lack of knowledge or newcomer that never see this situation before.

In my opinion, panic selling is now no longer a habit for cryptocurrency holders, because they know that price fluctuations will occur. Usually, panic sells are carried out by new investors and are not familiar with the ups and downs of cryptocurrencies.

Wawa2013

sr. member

Activity: 1666

Merit: 268

Quote from: dimox on September 09, 2021, 03:59:13 AM

people will cut when they think how much profit can be take in that time, different with panic sell. the first will calculate every move of bitcoin, they sell to take small or big profit than to gain it back. panic sell, just sell coin when they afraid to loss or cant get profit. they just lack of knowledge or newcomer that never see this situation before.

People will panic sell if Bitcoin moves suddenly down, because they think the price will continue to fall and their capital will run out. Even though what
we are worried about does not necessarily come true, most of it is just our own feelings of fear. Those who panic sell are indeed people who lack
knowledge and can also be beginners who really still don't understand the crypto world at all. So it is better before deciding to enter the market,
we must study all things related to the crypto world. So we will become more aware of how to invest well and can avoid losses, don't think that
making a profit from crypto investments is easy.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: boyptc on September 09, 2021, 06:19:28 PM

Quote from: Cryptmuster on September 09, 2021, 02:53:15 AM

Quote from: boyptc on September 08, 2021, 04:58:13 PM

They anticipated that whenever they invest, the price will shoot and that's how they'll earn quickly from it. But the reality is that they have never recognized that investing in bitcoin is risky and very volatile.

It's true that they invest with the money that they don't have because it's best to invest only what they afford to lose and worse, if they've just borrowed that money for buying bitcoin.

In no case should you invest in high-risk investments that you lent or borrowed on credit. There are already many negative examples, even on this forum I have read more than once about the loss of money due to such investments. Invest only the money that you have and that you can invest for a long period, it will always pay off if you invest in bitcoin.

That's for sure.

A lot did that before and they've ended badly with that decision. It's never been a good thing and someone should only invest with their own money that they're good to lose.

Having that said makes them worry that they're really bound to lose but it's not about that, it's about the obligation of paying through the very volatile market that they should profit with.

Your decision making is affected when the amount of money that you are using is not intended to let go. You mostly panic once the market turned against you.

Afraid of losing everything, the next thing that you'll going to do is to sell your asset with losses and not to allow the cycle to run.

A very wrong perceptions, thinking that it's easy to earn from this market which mostly turned the other side, but those who are willing to take time and wait, they are gaining decently.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: Cryptmuster on September 09, 2021, 02:53:15 AM

Quote from: boyptc on September 08, 2021, 04:58:13 PM

They anticipated that whenever they invest, the price will shoot and that's how they'll earn quickly from it. But the reality is that they have never recognized that investing in bitcoin is risky and very volatile.

It's true that they invest with the money that they don't have because it's best to invest only what they afford to lose and worse, if they've just borrowed that money for buying bitcoin.

In no case should you invest in high-risk investments that you lent or borrowed on credit. There are already many negative examples, even on this forum I have read more than once about the loss of money due to such investments. Invest only the money that you have and that you can invest for a long period, it will always pay off if you invest in bitcoin.

That's for sure.

A lot did that before and they've ended badly with that decision. It's never been a good thing and someone should only invest with their own money that they're good to lose.

Having that said makes them worry that they're really bound to lose but it's not about that, it's about the obligation of paying through the very volatile market that they should profit with.

Shohanur

member

Activity: 251

Merit: 10

BIB Exchange

Quote from: Trixoempire on May 12, 2021, 02:11:24 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

Some bad news about the price of bitcoin can create the situation. Besides, some people have no strong believe in bitcoin. In this purpose, influencer can play vital role.

ropyu1978

hero member

Activity: 1904

Merit: 510

Quote from: ?? on ??

Usually they are consumed by conditions where the market is on a downward trend. They are also bound to be exposed to some media spreading bad news about the cryptocurrency thing, so there is a game of whales to manipulate prices, and they sell it at a cheap price.

it's true as you said, they believe in the media that post negative things about bitcoin, so they panic, and immediately sell the bitcoins they have, especially when there are rich people who say bitcoin is unstable, they immediately sell their bitcoins..

conected

hero member

Activity: 1302

Merit: 503

Quote from: sovie on September 08, 2021, 01:39:44 PM

In my opinion, weak nerves are primary reason behind panic sell. If you cant see market in red then trading (crypto, forex, equityetc ) is not for you. Even during panic sell, there are equal no of people who are buying coins at lower price (somebody selling means somebody buying). BTC recently collapsed to 32k$ before reverting back to 50k$. There are buyers who bought BTC at 32k$, when everyone was selling in panic.

- It's really weak nerves and comes from the individual's subconscious or it's empty argument and looking for a disease to argue avoid from the sin of weak knowledge, realistically speaking, the reasoning behind is probably more accurate because a weak nerve may have prevented our investment from the moment of thought but this is clearly the rush to get in and get a bad ending. The patchwork and hasty assignment of dozens of knowledge has divided many people's hearts, panic and mistakes

Topic: What make people panic sell? - page 16. (Read 4400 times)