Topic: What make people panic sell? - page 26. (Read 4140 times)
I think greed is what makes people panic sell, they wouldn't sell them if they didn't want to go for instant wealth, they could've waited for it to go up again which is what it will inevitably do in the long-term.
From the little experience am having I believe there are lot's of reasons why people sell there bitcoin at some certain stage some people are having target once the target have been reach they will sell of and definitely wait for retrace then enter again why there are some people that sell of there bitcoin just because they heard a bad news which they believe might dump of affect the price of bitcoin, some people sell of there bitcoin because they believe bitcoin price is already to high which they believe might dump and after the dump they will enter again, whenever there is a correction some people sell off because they think that's a dump and they don't want people to dump on them. I believe this are some reasons why lots of people sell there bitcoin.
It is because of those fraud hype makers that really destroy the market movement.
Some investors are scared when they see that bitcoin goes down and they are panic selling because they think that it will make them earn profit.
Little did they know that they are wasting some opportunity in the market when they sell it in the wrong time due to panic.
Some investors are scared when they see that bitcoin goes down and they are panic selling because they think that it will make them earn profit.
Little did they know that they are wasting some opportunity in the market when they sell it in the wrong time due to panic.
OP, understand that either people panic sell or not the top player in the market will manipulate the price which mean it not every dump in price that happen in the market was cause through panic sell.
What really makes people panic sell? Is the fear of the unknown that may happen because 95% of crypto investors are into for-profit and not confident enough in the coin they invested in.
What really makes people panic sell? Is the fear of the unknown that may happen because 95% of crypto investors are into for-profit and not confident enough in the coin they invested in.
We have bad news, price manipulation, whales taking profit. They are all reasons making people panic sell without think of the consequence that their coin will recover.
That is why people should hold their coin and only sell when it hit their targets. Do not look at the charts most of the time or you will be addicted.
That is why people should hold their coin and only sell when it hit their targets. Do not look at the charts most of the time or you will be addicted.
Unfortunately, is happening again as of now the price is dropping but not at an alarming rate since it holds a higher price compared to last year and the year before that. There's nothing to worry about if you really have experience with how the crypto market works because you already know that things like this happened not just today but it has been like this since the beginning of the revolution of Bitcoin in the market. The only problem here is those people who are new to this market and they might acquire some bad opinions from others and sold their bitcoins in this current situation.
We know that sometimes people only believe anything that has given proof and most people are followong, not based on their own research and consideration. Some people may believe in the future of BTC but some are not because it is not real seen. And some prefer to sell their BTC when it is going down, panic sell because the price gets dropping time to times.
And when the negative issues are coming, they become panic again.
Crypto is a moneymaker at this time. Many people got crazy investing in Bitcoin, they are rushing even without knowing about Bitcoin. Their goal is to make a profit by simply buying at a low price and then sell it at a high price. That is only in their minds and don't get surprised if they will be in panic selling, weak hands never have the courage to hold but to dump it quickly. And when the negative issues are coming, they become panic again.
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That is why we are here not only to take profits but to learn more at least about crypto.
Many people don't bother themselves to do that as they are here for investment and to make money, not to know more about Bitcoin, about crypto. Hello everybody. Panic in people begins when some negative action happens very quickly, which YOU cannot influence in any way. The best way to deal with panic is with a well-written plan, which always contains the most negative course of events. In cryptocurrency, it is mostly beginners who panic. You just need to wait out this drop in price - those who know how to wait will achieve a lot.
inexperience is often chaotic. Moreover, newbies who come just because they want instant profit and richness without preparation and strategy, surely they will not be ready for a sudden drop in prices so they panic. in investing in anything, we must be ready with all the possibilities, if we are ready to profit then we must be ready to lose too.this is where the importance of market analysis, so we can predict price movements, determine safe spots to release or hold.
This is true for most newbies as they have not experienced yet a lot of this sudden drop of prices. But if you are in this market long enough, you will just treat it as maybe another opportunity to accumulate more. Also, most of these people who panicked are those that bought the coin at a higher prices, and they thought it will continuously to rise. But a normal market needs to go down at some point. The increase is not forever.
We know that sometimes people only believe anything that has given proof and most people are followong, not based on their own research and consideration. Some people may believe in the future of BTC but some are not because it is not real seen. And some prefer to sell their BTC when it is going down, panic sell because the price gets dropping time to times.
And when the negative issues are coming, they become panic again.
That is why we are here not only to take profits but to learn more at least about crypto.
And when the negative issues are coming, they become panic again.
That is why we are here not only to take profits but to learn more at least about crypto.
Hello everybody. Panic in people begins when some negative action happens very quickly, which YOU cannot influence in any way. The best way to deal with panic is with a well-written plan, which always contains the most negative course of events. In cryptocurrency, it is mostly beginners who panic. You just need to wait out this drop in price - those who know how to wait will achieve a lot.
inexperience is often chaotic. Moreover, newbies who come just because they want instant profit and richness without preparation and strategy, surely they will not be ready for a sudden drop in prices so they panic. in investing in anything, we must be ready with all the possibilities, if we are ready to profit then we must be ready to lose too.this is where the importance of market analysis, so we can predict price movements, determine safe spots to release or hold.
Hello everybody. Panic in people begins when some negative action happens very quickly, which YOU cannot influence in any way. The best way to deal with panic is with a well-written plan, which always contains the most negative course of events. In cryptocurrency, it is mostly beginners who panic. You just need to wait out this drop in price - those who know how to wait will achieve a lot.
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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
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 can't take the sell pressure out of the market, that's what make the market very interesting as speculations anticipating for a further drop decide to sell now in hopes of buying back cheaper. Sometimes it works out for them while other times they loose.
For those just blindly selling due to fud, those are mostly newbie that don't yet understand how the cycle works. Not everyone is emotionally capable of accepting loss in other to succeed. They just want they quick money and when that's not coming they panic.
Hardly think anyone believe that bullshit of bitcoin going to zero, those are just rumors recycled seasonally to keep the fud active.
It is not a given that Bitcoin bounces back quickly. Look at the current situation, are you sure it will bounce back shortly or are you unsure what will happen next? I don't know and I am not buying now because it is complicated to make a proper assessment.
Here's where fundamentals come into play.
I've been here for some time. Maybe not as long as people who bought in 2012 or 2013, but long enough to see a couple repeating things on the charts.
If the fall is right after a peak and the price corrects this means we were overextended. This means a healthy correction. People are selling to take profit.
If the fall comes after news unrelated directly to BTC like a ban somewhere, an exchange hack, someone saying something bad about bitcoin, it's going to be a weak hand shakedown and a panic sellout.
If you see this, make sure to buy more because it will come back as fast as it fell.
There were many such crashes like when the US closed borders in 2020.
At this moment the price could drastically change. some people took it as oppurtunity to using strategic short trading to take any oppurtunity to buyer lower or cut loss before too late. every trader or holder had many different way to manage their assets.
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
The answer is so simple FUD.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
Maybe we are all aware that it wouldn't go to zero but those seller are saving what they could when they think that it would continue to drop down.
We all know that it would recover but isn't it better to cut loss then buy back at a lower price than just holding it?
And most of the time, this is also the reason why most of those newcomers losses their investment. Thinking that it wise to sell while the wild market
is on it's downside, the problem is with the volatile nature of this market the quick bounce won't allow you to buy back as you expected.
Fud's and fomos if you don't understand how to use this it will endanger your money, better to learn more to avoid doing panic sell.
It is not a given that Bitcoin bounces back quickly. Look at the current situation, are you sure it will bounce back shortly or are you unsure what will happen next? I don't know and I am not buying now because it is complicated to make a proper assessment.
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
We sell it to take our profit, We all have our own reason why we sell and of course you also do.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
We couldn't just hold it and just watch it grow when we are starving or we need some cash to spend,
Sometimes we sell what we can even if we don't really want to do it in order to survive.
Everyone has its aim price especially those who trade regularly, there's someone who will sell no matter what's the situation is. For those who panic sell, sometimes its related to the current news, on what we can see on twitter, socmed and frauds. But I see no reason why would someone will think btc price will go to zero, not unless of you're craig.
You are right, everyone sets a certain goal for themselves. When Bitcoin goes up, some people who feel profitable will sell anytime they want. There are also some panicking, who think bitcoin could drop at any moment. This is possible because the whole world is going through the covid19 pandemic that has caused a severe economic crisis. Bitcoin may be affected. Their worries are well-founded. I myself do not know what the future holds, hope everything will be better. 
But why the hell people panic sell now after it reach this high amount?
Because they think that others will sell. We, people, behave analogously with others' opinions. For example, if Elon Musk announces that he'll accept Bitcoin as a payment method, the price won't pump due to the fact that there'll be people who will buy cars for BTC. Far from that! It'll pump, because people will believe that it should pump. Because, they'll consider that there will be people that will consider same like.
We are tribal species and we are genetically programmed to follow the dictates of the tribe and the tribe leader. You'll have to break your DNA chain to succeed on this market. It's a “privilege” of homo sapien.
This is why there are panic sales.
Everyone of us has the price limits in which where they will cut their loss or cut their profits. If they attain their target profit then they will stop in which they will be able to sell their holdings. I am not saying that all of the people are like this but there are some people including me who is practical and not greedy in which if I feel that I am already has the right profit I will stop it and sell it immediately. I am not saying that it is panic selling, but the concept is kind of like that.
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
The answer is so simple FUD.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
Maybe we are all aware that it wouldn't go to zero but those seller are saving what they could when they think that it would continue to drop down.
We all know that it would recover but isn't it better to cut loss then buy back at a lower price than just holding it?
And most of the time, this is also the reason why most of those newcomers losses their investment. Thinking that it wise to sell while the wild market
is on it's downside, the problem is with the volatile nature of this market the quick bounce won't allow you to buy back as you expected.
Fud's and fomos if you don't understand how to use this it will endanger your money, better to learn more to avoid doing panic sell.
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
Everyone who invested in bitcoin has their own reason why they invest and when they will withdraw it. If they sell it maybe they already reach their target market value. Others, they panic selling because they are newbie in crypto and they are afraid of lose. Others panic sell because they really need it badly or urgent. Bitcoin is too valuable now and I believe that it will reach another ATH in the future but we can't stop to dump a little because bitcoin is volatile and depends on the demand but up and down in the market is just normal.
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