What make people panic sell? - page 3.

19Nov16

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Quote from: Epaper on May 16, 2022, 10:04:38 AM

Quote from: rhodelmabanal on April 20, 2022, 08:39:46 PM

I experienced panic selling when i was a newbie and i think newbie do panic selling because of great fear of loosing the capital or maybe they are not ready to loss, many people loss because they are afraid of loosing and if you afraid to loss you will surely loss fucos on youre crypto investment. I am sure most of the people here experience panic selling because even expert is also begin as a newbie.

Right. I agree with you that a novice investor often experiences panic selling or is afraid when the cryptocurrency price trend is down. Of course, this is reasonable considering the experience of buying and selling crypto assets which are still relatively new for them. In addition, a beginner also does not understand the concept of high-risk high return. This is what keeps them stuck with cryptocurrency price fluctuations.

Right, most novice investors will panic easily when I see a change in price of more than 5%, when I trade in 2014 in Polononiex and see high price movements make me panic and sell with loss conditions, especially novice investors who invest with large grades, of course easy to panic.

m2017

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Quote from: Epaper on May 16, 2022, 10:04:38 AM

Quote from: rhodelmabanal on April 20, 2022, 08:39:46 PM

I experienced panic selling when i was a newbie and i think newbie do panic selling because of great fear of loosing the capital or maybe they are not ready to loss, many people loss because they are afraid of loosing and if you afraid to loss you will surely loss fucos on youre crypto investment. I am sure most of the people here experience panic selling because even expert is also begin as a newbie.

Right. I agree with you that a novice investor often experiences panic selling or is afraid when the cryptocurrency price trend is down. Of course, this is reasonable considering the experience of buying and selling crypto assets which are still relatively new for them. In addition, a beginner also does not understand the concept of high-risk high return. This is what keeps them stuck with cryptocurrency price fluctuations.

Beginners who buy bitcoin at $40k+ see a drop below $30k. For them, this phenomenon is new and incomprehensible. Also, they still don't have the realization that this phenomenon is temporary and the market will recover, moreover, each time updating the indicators. Just need to be patient and not panic, and this requires experience and knowledge. Where can newbies get them? Benefit from the rich experience and knowledge of crypto community in this forum. But as it usually happens, newcomers, seeing the hype of the price increase by bitcoin, quickly buy it, completely forgetting about the importance of knowledge and the desire to receive it.

For some reason, it seems to me that NOT beginners don't panic at all now. The current fall of the market is not new to them and is the most common periodic and cyclical phenomenon. All the panic comes only from new investors.

Epaper

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Quote from: rhodelmabanal on April 20, 2022, 08:39:46 PM

I experienced panic selling when i was a newbie and i think newbie do panic selling because of great fear of loosing the capital or maybe they are not ready to loss, many people loss because they are afraid of loosing and if you afraid to loss you will surely loss fucos on youre crypto investment. I am sure most of the people here experience panic selling because even expert is also begin as a newbie.

Right. I agree with you that a novice investor often experiences panic selling or is afraid when the cryptocurrency price trend is down. Of course, this is reasonable considering the experience of buying and selling crypto assets which are still relatively new for them. In addition, a beginner also does not understand the concept of high-risk high return. This is what keeps them stuck with cryptocurrency price fluctuations.

Semar Mesem

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Seeing the market which has continued to drop in the past 2 days I'm sure many panicked and sold even though they lost, this is a tough challenge for us, the number of FUDs that continue to spread on social media makes many people afraid, even now anti-crypto groups are growing and they advertise on social media. a lot of media that makes investors panic.

Ryu_Ar1

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Quote from: Dean2 on May 03, 2022, 06:31:12 PM

Not all people trade with money they afford to lose so when the market turns red for those people they panic sell because they don't want to lose their savings,and it also unleash a selling chain reaction which dumps the price even more.

This is something that was out of sync from the start. when they trade in crypto but can't see any loss in their money it's clear that something is quite wrong.
we know here we are full of risks when we are not ready to face these risks why should we force ourselves? one of the things that makes us comfortable here is of course the advantages but the problem when we are here is not only the advantages we have but we have to look at the worst aspects in this case losses.
don't expect more every time you want to get a profit because this is one of continuity where if there is profit and gain there will also be loss

Sir Legend

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The dominance of FUDs is more than positive news about bitcoin, when investors make profits they are mostly silent, but when they lose they will give a negative impression and spread FUDs, this is normal and it seems that if we have known bitcoin for at least 2 years then we are used to it. FUDs and only sell bitcoins when we need money.

noormcs5

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Quote from: 19Nov16 on May 03, 2022, 09:11:12 AM

The price of bitcoin which is very fluctuating makes anyone will easily panic when I see the price, when I am still a newbie and see the price of drops more than 5% when I panicked, then I searched for information about the future of Bitcoin prices and most sites provide bad predictions (FUDS) So that makes me immediately sell in a loss condition.

Isn't it unfortunate that people sell bitcoin when its price is very low. I believe that once the price of bitcoin is high people should sell them if they want to get profit but they do not sell at high prices. What's the point in selling bitcoin at low prices when the chances of bitcoin going up is more as compared to dumping more ?

Fredomago

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Quote from: milewilda on May 04, 2022, 05:33:36 PM

It would be always part of the cycle on which people who are experienced would really be seeing opportunities rather than on making themselves panic on declining or reducing prices.

It's a great time to invest into something that you believe will bounce back and bring you a decent amount of profits, experienced traders will always look for better ways instead of riding with those panic sellers, they will continue to buy little by little while the price still cheap and have a great chance of making a good amount of benefits.

Quote

For noobs then they would normally freak out since they dont have sufficient experience in the market which its normal to have those kind of reactions since you dont have
idea on whats going on or on how this market works but on the time that you are already aware on how thing works and how it do behaves then you would be included
into those people who are experience and fully aware and do knows on what to do on these particular times.

Newbies always take this as a bad experienced but there are some who take this challenge and try to work harder to learn the right
process of investing into this business.

Rockstarguy

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Sometimes what makes people panic and sell is when they buy at an higher rate, and the market price drops they become panic and get nervous thinking that it may go dip again, and if it happens it may wipe everything they have with them. It is important to try to understand when buying cryptocurrency if the amount of the coin is okay for the market price even if it goes dip.

AjithBtc

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Compared to the past nowadays the panic selling is quite low. In the past whenever there is a market crash people tend to sell fearing that the market might not bounce back. Now situation is different, everyone believe in the growth of bitcoin and the same reflects in their holding of bitcoin. In the past most of the time Whales play in the market with rumours and people easily believe and fall for it. Nowadays everyone try to analyse the real reason before making a move. So, the panic selling is very low these days.

Joshapat

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Panic is a common thing because investors hope that big profits in a short time, as we know that Bitcoin price fluctuations are very high and if we want a big profit then the best thing that can be done is to hold for the long term.

n0ne

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Panic selling is just the representation of selling out of fear. This happens when the price of bitcoin drops down. Right now the market isn't dropping big, there is good fluctuation that can be used by the traders to make profit. The price that was down to $38k have now bounced back reaching close around $40k. So, people needs to watch the market carefully to make profit than ending up with losses out of panic.

milewilda

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Quote from: Fredomago on May 04, 2022, 12:52:37 PM

Quote from: boyptc on May 03, 2022, 06:27:23 PM

Quote from: Bitcoin2009 on May 02, 2022, 04:21:23 AM

I think the biggest factor that causes panic selling is the large number of FUDs, currently too many FUDs say that crypto will end because of many cases, even I have heard news that there are companies that finance to disrupt blockchain systems or create programs that can guess private keys from address, if that happens of course crypto will end.

Well, it's just a conspiracy theory about decoding the private keys from that address. It's impossible to happen and even I've heard that super/quantum computers would that.

If it can, AFAIK, there are already in existence.

But I haven't seen any of them successful crack a private key from just looking at the public key/address.

Something that newcomers will bite on but for investors and those traders who already in this market earlier they won't take that and they will treat things as normal, we have seen same patterns and for experienced traders, they will just ignore this situation and continue moving forward, to the point that they will add more into their wallet making sure that once the market start to pump, they earned a decent amount of benefits.

Panic selling is not new, fears will always be your enemy from this kind of investment. Overcoming that fear will establish your confidence in doing your decisions on a rough road like this.

It would be always part of the cycle on which people who are experienced would really be seeing opportunities rather than on making themselves panic on declining or reducing prices.
For noobs then they would normally freak out since they dont have sufficient experience in the market which its normal to have those kind of reactions since you dont have
idea on whats going on or on how this market works but on the time that you are already aware on how thing works and how it do behaves then you would be included
into those people who are experience and fully aware and do knows on what to do on these particular times.

Fredomago

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Quote from: boyptc on May 03, 2022, 06:27:23 PM

Quote from: Bitcoin2009 on May 02, 2022, 04:21:23 AM

I think the biggest factor that causes panic selling is the large number of FUDs, currently too many FUDs say that crypto will end because of many cases, even I have heard news that there are companies that finance to disrupt blockchain systems or create programs that can guess private keys from address, if that happens of course crypto will end.

Well, it's just a conspiracy theory about decoding the private keys from that address. It's impossible to happen and even I've heard that super/quantum computers would that.

If it can, AFAIK, there are already in existence.

But I haven't seen any of them successful crack a private key from just looking at the public key/address.

Something that newcomers will bite on but for investors and those traders who already in this market earlier they won't take that and they will treat things as normal, we have seen same patterns and for experienced traders, they will just ignore this situation and continue moving forward, to the point that they will add more into their wallet making sure that once the market start to pump, they earned a decent amount of benefits.

Panic selling is not new, fears will always be your enemy from this kind of investment. Overcoming that fear will establish your confidence in doing your decisions on a rough road like this.

Dean2

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Not all people trade with money they afford to lose so when the market turns red for those people they panic sell because they don't want to lose their savings,and it also unleash a selling chain reaction which dumps the price even more.

boyptc

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Quote from: Bitcoin2009 on May 02, 2022, 04:21:23 AM

I think the biggest factor that causes panic selling is the large number of FUDs, currently too many FUDs say that crypto will end because of many cases, even I have heard news that there are companies that finance to disrupt blockchain systems or create programs that can guess private keys from address, if that happens of course crypto will end.

Well, it's just a conspiracy theory about decoding the private keys from that address. It's impossible to happen and even I've heard that super/quantum computers would that.

If it can, AFAIK, there are already in existence.

But I haven't seen any of them successful crack a private key from just looking at the public key/address.

19Nov16

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The price of bitcoin which is very fluctuating makes anyone will easily panic when I see the price, when I am still a newbie and see the price of drops more than 5% when I panicked, then I searched for information about the future of Bitcoin prices and most sites provide bad predictions (FUDS) So that makes me immediately sell in a loss condition.

Bitcoin2009

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I think the biggest factor that causes panic selling is the large number of FUDs, currently too many FUDs say that crypto will end because of many cases, even I have heard news that there are companies that finance to disrupt blockchain systems or create programs that can guess private keys from address, if that happens of course crypto will end.

MiF

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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

Investors know that btc will not fall into zero value and the people who do panic selling is maybe a newbie, most of the expert investors did not sell at loss if they sell huge amount maybe they invest it in a low price and they already have earnings that is why they sell. Most of the new investors always afraid of losing so i think it is the newbie who do panic selling.

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Quote from: Pejoh Asu on April 24, 2022, 11:11:17 AM

In my opinion the main factor that makes investors panic is not a clear plan, they only focus and think can be a big profit in the short term so when viewing the market that is red then they panic, even they immediately sell despite losses, and other factors are FUDs that originate from official sources such as Banned from a particular country.

One of the reasons why investors panic when market conditions are declining, but another reason cannot be separated from the investment concept they apply not based on coin compatibility, for example certain coins are not worth investing in in the long term or short term, so forcing investment is not an investment. in part, while official sources from a particular country can be predicted before starting the investment

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