Bitcoin Forum

I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?

Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.

For you guys this is true? and why?

If they are new to Bitcoin then there are more chances that they will react to every news that they can read about Cryptocurrency regardless if its negative or positive news. Worst move they can do is to sell their coins in fear of price to go down further. If only they research further on the history of Bitcoin, it has always been a roller coaster ride so there's no need for panic.

Most of those countries are banning are failed to regulate the bitcoin transactions and they are worried they are losing tax money on these investments and also worried that this money may be used for illegal purpose. But old investors are not worried about this news because they know that all these issues are for temporary and its prices will again go up. Only the new investors when they see prices going down by 10% in a day they may sell in a panic. I'm in crypto investments for a long time so not worried about short-term fall and I always look for long-term benefits.

Actually it is a natural of human being is that they can't see the good of anything. they can't even feel that the thing is may be good for them. here Bitcoin is a blessing for us .but I don't know why the whole world has fallen behind Bitcoin. why?? because only the price of Bitcoin Has Fallen ??why would this happen? the price of Bitcoin can fall,and again rise !what's wrong!! I don't know why ..yes you are right people panics because the price of Bitcoin is falling down.but I think they are being influenced somehow... but if it continues I think everyone will  have to pay for that.

It is true that Bitcoin price goes down because of those people who dump their Bitcoin stash.  Whether they are weak hands or not, the fact that the supply increases and demand cannot cope up with the upcoming supply makes the price decrease.  Aside from that, it is worsen by the weak hand who aggressively sell their holding eating buy demands down.

Bitcoins just not only in price hike. As network and hashes needed Bitcoin value was unpredictable. Why people panic? because maybe they invest too much in some sort of event somewhat good.
For my opinion it is normal for a person to panic or discourage if they lose money, but as a business person expect that if you invest you risk you own money.

Normally the bitcoins price goes down. If you where new in this industry, you might be paniced and discouraged if the the price goes down. You risk your own money so why you became afraid of this. Business is always business.

There is a fact that those people who are easily panic and nervous are the people who's new in this field they haven't enough knowledge and experience to the flow of this system that's why they are lack of trust and believe into this. They even don't know what will be the positive things that can really gives by crypto into their lives. But not the less before we start involving in this field we are aware and know that in this system has full of risk that we need to takeover therefore we can be successful in the near future. So no matter how long that we encountered the downfall we need to be strong and have trust and faith because the surely benefits and opportunity are always in the end of the track.  

Yea, most of the ones that bought dueing the price hike between $18,000- $20,000 are the ones who sold their coins when the dip started. Most of them have already heard bitcoin's abrupt increase so immediately, in the hopes of getting rich fast, they bought bitcoins even if it was already high. When it reached $20,000 because of greed they didnt sell their coins because they wanted more. Now bitcoin went down drastically, they sold all their coins even if theire losing in the fear of losing even more. These weak hands attitude has pulled down the price even more.

Many investors panic when they lost their money because of they invested at the wrong time. So when BTC price went down. they start to worry more and more.

Now we have become experienced members on this forum and we have got the nerves of the market. Like we know the differentiation between what is real and what is fake. I have developed that sense of understanding of how does the market react and what kind of reaction that is, whether temporary or permanent. And trust me, this kind of supernatural power is possessed by every experienced member in the bitcoin community. But the people who are new to this world ought to react and overthink on every FUD that media  creates. In the anxiety of prices getting lower, they sell their coins and further spread the negativity all around. The cycle continues and the price of the bitcoin falls down because of its low demand. Newbies tend to react this way because they do not know that tact and cannot understand the market nature unless they go through its past analysis. And the reasons like government banning cryptos or social media banning crypto ads or whatsoever are all temporary and in fact majorly a FUD creating mechanism used by the media. Because media has a habit of exaggerating every thing.

you are witnessing two different things, try not to confuse them together.
first one is the speculation of a price drop so traders sell their coins with that in mind. for example when you see signs of a drop and catch a big dump in its early stages with the huge amount of FUD in the media, as a trader you want to sell fast to be able to buy the bottom with the money and make a profit.
the second one is the panic sellers who see the drop late and after they hear the FUD in the news. they always come in late and "sell at the bottom" this second type is the wrong one.

Of course they would be panicking especially when bitcoin has its price dropped with how volatile the cryptocurrency market is, having price drops can soell doom towards a cryptocurrency. However I still do think that with bitcoin a lot of people are failing to see its decentralization which also contributes to how steep its prices drop and on how long which is affected by the external factors such ad public reception and the governments closing its doors on it

This is a normal a normal cycle of bitcoin in the market and panic response of every individual of bitcoin community is also a normal situition. We can't avoid this and majority that has negative response is newly enrolled in bitcoin world.

This fact is the real, new users are often frustrated when bad conditions have hit the market and they were confused over what to do while FUD's unrelentingly spreading bad news and successfully dragging new users to panic selling.

This is normal. The timing of entering the market is very important,  you enter at the price of 3,000 or 19,000, the difference is great. Unfortunately, most people will choose high points for entering.

I think that there is no need to panic if bitcoin makes another bear market as this is usually what happens in the crypto market from time to time. These people that are in panic mode were those that are just new with cryptocurrency where they aren't familiar of how bitcoin really works in the market. I would suggest that these people should have to learn and familiarize bitcoin's price history record so that they maybe able to understand how bitcoin market is all about. Lack of knowledge is prone to panic mode because they are afraid to lose their investment without knowing that it will recover back or even get higher than the previous price where it started to dip.

Every little news on this forum is enough to scare the newbies and out of the panic created they sell their coins. This results into a continuous loop of an untangled mystery that I think is never gonna come to end.

And what you say is:
1. Because the other country banned cryptocurrency: Other country banned crypto is the news that comes up the media channels every second day and that probably has become like a prayer for the news channels without which they cannot go any further.

2. Because the social media start banning the advertisement of crypto: Social media started banning crypto ads way back and now please tell us something new to talk about!!

3. The other famous artist or most riches people spreading that crypto is bad to take a profit: We have hell lot of artists and riches who have alot to say abot the bitcoin, so tell me whom to listen and whom to beleive!!

Well i think it is normal for people to feel emotional when prices go down but the most important thing is how you control your emotions when crisis occurs. Whether you let your emotions take the best of you or you just relax and let bad days fly by is really your choice.

Of course yes, people are encourage to buy and sell bitcoins depend upon the latter news they got. Sometimes, we based our action with the opinion of others. The first gossip that comes to our ears are the first thing we obey. FUD news is made to create involuntary action by hodlers. Those who are tough to hold their coins are those who have strong faith in crypto and has a deeper understanding about the bear and bull run.

I don't think so that's the real reason why there is a dip in the market. If we think on the supply and demand panic is not really and issue. Investors there no panic on their vocabulary. It simply works that the supply is much higher than the demand.
Other thing that could be possibly happened whales are playing on the market so that the holders will force to sell their BTC on the lower price.

They panic because they are scared that bitcoin might goes down and they will lose a huge amount of money the reason why they do panic selling.If they will just believe in bitcoin they will never get panic because bitcoin investment maybe risky but if you will just believe on it you can be able to earn big profit.You must be patient if you want to earn big.Bitcoin price is volatile so it may rise or fall but dont get panic just be calm and also be patient.

yeah well, these things happen. you can not expect news not to affect people. in any market such as the big markets like gold,... the news always affects the price. a good news helps the rise of it and a bad one leads to a drop. this is not just specific to bitcoin.
the panic sells are also not specific to bitcoin! they do exist in any other market. the difference however is that when you panic sell bitcoin on exchanges the price will go down a lot more than if you panic sell gold because of the small size of bitcoin market.
hopefully as bitcoin adoption increases and the market grows this will be reduced.

Yes, I think they panic because they have invested heavily in bitcoin. When the price drops they lose a great deal of money, I suppose they have no knowledge of this market and are knowledgeable about the bitcoin value. I think at this point we should keep and wait until the market stabilizes and the value of the bitcoin increase will be profitable for us.

if the price goes down people should not panic rather take it as opportunity to buy more coins ... for bitcoin BEAR Strategy is better because bitcoin will surely goes up.

I think you forgot about the "whales". They like to shake the crypto exchange markets in order to pick up some coins from the weak hands of the too nervous "hamsters". I seems that a few days ago some large investor has bought pretty big amount of Bitcoin and other crypto currencies, therefore I am not seeing that the price of BTC goes down. Now the global crypto exchange market is waiting for the news and trading signals.

I guess only those people who panicked at all times, are newbies or only new to bitcoin community. They seemed to have weak hands to let go of the opportunities of their futures that may ended up selling their bitcoins for a low price just to take back half of what they had invested. For those people are seasoned to bitcoin and truly believed what bitcoin was, then they are declared winners.

In my opinion, what you say is very true. The bitcoin holders will sell their bitcoins as they panic. They panic when they hear the news. for new users, it's better to seek first judgment from someone who has long followed the bitcoin world. and looking for positive news about bitcoin. I think that's the best way to deal with panic. so that every step we do is not wrong.

It is normal to the people got panic when the price of the bitcoin are falling down. Because we talked about the money and we know that the money is very important in our daily life. But we have to take a risk in these kind of work because the bitcoin is fluctuating. Don't be panic and just believe in bitcoin

It is true that it's been so scary when experiencing the pass movement of crypto in the market and no one can blame in felting that because they only thinking their investment situation. I know that all of us doesn't want to experience losses so we can't please all of people to don't feel scared upon experiencing many difficulties. But in times of struggles it is much better to be much stronger and believe and the most of all the best things to do is to have a better strategy to reach your success.

Now we have become experienced members on this forum and we have got the nerves of the market and first one is the speculation of a price drop so traders sell their coins with that in mind. I would suggest that these people should have to learn and familiarize bitcoin's price history record so that they maybe able to understand how bitcoin market is all about and We can't avoid this and majority that has negative response is newly enrolled in bitcoin world.

A user should be wise enough to understand whether the price is right for selling or not.But it is seen mostly that people who are new to this market commit the mistake of panic selling and I think it is obvious because they are not that much experienced. Bitcoin is known for it's volatility and even a small news affects it's price in a negative or a positive way.These new investors get panic when they see a drop in the price and they start selling their BTC's which causes the prices to fall more. So my advice for freshers will be that in order to be a good investor you should know that which is the right time to sell and buy.If you observe a drop in the price, be calm and keep holding your BTC's and if possible take this drop as an opportunity to invest more because the price will bounce back to it's original value or more with time .

Most new investors tend to listen to most of the news in the internet about Bitcoin either be it negative or positive. I agree that panic selling is the cause of the roller coaster price of Bitcoin where investors just sells their coin because of fear of losing profit in long term. We simply really cannot avoid it as they tend to listen to others to gain more knowledge about the cyptocurreny, which is undeniably another way to control the mass and the market. We the experienced ones should just stick to our knowledge and just simply not follow those newbies.

Yes, everyone of us even newbies in the market we can't avoid this not to be panic. But, since were eager to gain profit here we should understand the risks in trading. If price suddenly drops never panic, somehow it will recover in time but not an instant flow in the market.

Of course, when the market price fluctuates, it affects the value of the altcoin, especially bitcoin prices have made people panic and fear of losing money. I think this time people should keep and wait patiently when the rebound.

yes it's true that some users here sell their coins in low value because they are newbies but i think they only take risk for not long time so that's why they feel panic actually when i start here i lose a lot of btc in just 1 month but after i learn already how to do investment here i think i mastered or i get now the strategy in investment here in crypto so better to study to be knowledgeable about crypto's investment

its really true, I've experienced this moment when I was new member of bitcoin holder. I was always panicked every bad news spreading on TV. It is very hustle, I am always scared to lose my money from bitcoin. But now I've learned.

I agreed of what you have said. Bitcoins price is changing from time to time and for all the old user of bitcoin this is just a normal happening. They dont panic because they know that bitcoins price would recover. If you are a newbie like me then it is normal for us to worry because we are not oriented that this would be happen.

I think that only newcomers on the crypto-currency market and those people who do not have their opinion are selling their crypto currency.
These people hear a different negative in the direction of the crypto currency and give in to a general panic, they merge their crypt in the hope of getting something. It is not right.
The market is for that and is designed for the majority to lose. Therefore, one must know that with the crypto currency everything will be fine and not be an alarmist.

if bitcoin can be done for that ease is very precise and it is like what is wanted by the investors, but in my country direct transaction process with bitcoin it can not be done

You noticed it very well. But another option is also possible. Maybe it's just that the bitcoin comes to an end. He gives way to other coins

This is also true but the thing that aggravates it all is a lot of selling off their coins simultaneously. This makes the lower demand and eventually make getting down the price

You have different investors in Bitcoin :

1. Speculators - These people normally invest for a quick profit and some of them even invest with debt. This raise their "panic" levels and they react to the slightest bad news in the media.

2. True Believers - These people are not phased by short-term volatility and bad news, because they invested in the technology for the long-term vision and the belief that the technology will succeed.

Actually, the third statement is the most true. These people are called whales and they hold a very huge amount of bitcoin. They have the power to suddenly dump their coins and make the price of bitcoin very low. I think what they are doing is a coordinated scheme and people should be wary of it.

But who are really crypto lover he don't sell his coin. He believe one day price will go high and countries will be legal cryptocurrency.
Beacause its most powerful currency (called digital currency also).

This is true.Creating FUD will always shake weak hands. People who can not seperate emotions and logic in investing will always lose money. Also because of the price rise we have last year there were a lot of people bought bitcoin without even studying what the technology is. They taught they can make a quick buck out of bitcoin.

The rise and fall of bitcoin is due to the supply and demand of the market, and the main reason is people's trust in it.

If there is some negative news, as long as people trust bitcoin, there will be no panic, and the price of bitcoin will fall sharply.

maybe they are not too sure and believe in bitcoin investments and that raises a fuss on investors and they do not understand the risks before they invest with bitcoin

1. Countries ban cryptocurrency. Do they want to protect people from high risks and fraud? A lot of banks, that don't return your money, fraudulent holding companies, lotteries and others are not banned just because they share their profit and controlled by the government. The thing is that governments are scared of how dominant and unregulated cryptocurrencies are and just want their piece of cake.
2. Social media advertise so many shitty things, such as online casinos, useless products, charities, and other frauds. Are you sure they care about your money? Social media are mostly regulated by the government, so reread the point 1.
3. Rich people become rich with the help of money of other people. Do they wanna to share with you a secret of making a profit? Just think how stupid it sounds.

Medics don't want you to be healthy, because they will lose their job; people create viruses just to make you buy their anti-virus; our gadgets are programmed to become broken after some time just to make you go and fix it or buy a new one, and it doesn't matter how careful you are; people try to "protect" you from bitcoin because they will lose their money, but not because you are risking to lose yours

No one should be panic because the price goes down. The normal trend or flow of crypto relies in bitcoin all the time. That means there is so much to offer in bitcoin so having the minimal low prices of bitcoin does not make it less important. For the people to get panic that shows how valuable bitcoin is for them and so do I.

This goes vice versa for both sides .
People panic because price go down and price go even further down when people panic . The only reason behind this is the panic sell off . Many impulsive holders or investors does not wait for things to get better and any slight up and down in the market cap or in the price is just such a big thing for them that they do not take a minute in selling off all their assets . They are the same people who regret after the prices go up again.

If you have a plan on investing in bitcoin studying the market then you will not take a decision to sell off the coins by looking at the weak market, either you are not planning to make sure you learn about what you are doing or you are just gambling to see how much profit you will get in a short time. Never invest in anything before studying the market and that is the main reason you are seeing these sort of sell off at a loss.

The points you had mentioned is only 40 percentage true .But it's not a 100% profits.The people who had start to inverse now,will get fear.In bitcoin trading, you will get profit only if you had hold the bitcoin with hope without getting fear to hold .Even the rich people may spread the fake news about bitcoin to buy a bitcoin at low price.

It's normal to see the price goes down and we don't know the real reason, but look at the old price chart of bitcoin if you compare them with the current price graph it's different and the price still not drop. The price is decreasing because of normal circulation of bitcoin, some big investors are investing in bitcoin and until now many business investors are investing in bitcoin and use bitcoin as their bitcoin payment system.

For me, the reason why the price is dropping every time the price increase it's because there are many miners out there are holding and selling their bitcoin when the price increases this is the reason why the price of bitcoin is dropping.

We live in economies which are based on debt. Every central bank have its own debt to some international bank. Governments uses part of their income to pay interest for these debts. In third world countries the situation is even worse, as most of the income from taxes are used only to pay interest to international banks.

According to the State, the "right" way to live is by accumulating debt and putting value in paper money which can be printed indefinitely. People just follow the example of the State, and they accumulate debt in turn, buying suplerfluous stuff they dont need, paying for expensive services just to boast and feel superior, spending more than they earn and thus making one debt after another, and taking loans to pay their debts, creating a snowball that leads to bankruptcy.

Then, they see bitcoin, but not for its technological promises, though - they see it as a way to make a quick buck to pay their debts, the credit card bill coming at the next month, things like that. And, as usual, they take loans (again) just to buy crypto and have some more.

You see, most people are like that. People see the State like a God, and the State gives an example to them: accumulate debts to display power and have respect. The inevitable result is this disaster where a mass of idiots takes loans to buy crypto, hoping they will pay their debts later. Then the price fall due to some whale selling his bitcoins, and these newbies sell it in panic, pushing the price down further.

Its all a question of financial education.

It's completely normal for people to panic, especially when the prices are high, like it was on December, most have made profit, thus, selling a little lower is understandable, trying to avoid going into a situation we are now. (Low price levels, volatile and unstable market). However, I find it completely irrational to panic after many days of grace period, like we were now.

This is normal for human being when the price decreases  people would be panic about holding the bitcoin.  At the same time if it increases people would become happy. Before three days the price would be falling very worst,  after a long time again the price will going to start increasing.  This makes investors very happy so don't get panic about holding the bitcoin in future surely it will give more benefits.

People panic not just because the price of Bitcoin is going down but because they don't have faith in Bitcoin and maybe in crypto currency in general. And  to some other group people tjey panic because there investment capital is a borrowed or loan money and in such conditions one will need to panic but at the end of the day panic may end you selling at lost and you will regret doing such a thing.

I think its normal that bitcoin is going down. Yeah maybe a lot circumstances it happen and a lot of fud news they spread that affect the price of bitcoin. But I think panicking is not the one we can do be calm and relax.

I think that i am never going to understand why most people is always panicking when they see a -5%  - -10% on their portfolios, it is a waste of time and energy.

I am in down by more than a forty percent since the beggining of the year, and i am not worried because i know that everything is going to recover in a near time, maybe in some months, or in some weeks from now.

Given the scenario, It's part of our human nature to react in cases like this, out of panic and confusion. We cannot blame new comers if they do such thing, even those people who are already in the industry for a long time tend to have panic attacks from time to time. Also, based on what you have said, banning of cryptos in other countries contributes to a much more volatile Bitcoin's rate.

Additionally, those who panic see their money going down the drain. When the price goes down, that's their hard earned money or even possibly their savings that they're losing. This is probably why people panic whenever the price goes down - because they have so much to lose. They end up selling in the hopes of recovering their investment even at a lost.

In some instances that might be true,, but I have seen numbers of new investors who’ve not doing such reactions or panicking in any news.. Most of the time this hardly associated by big whales selling at high price and buying at dip.. Being new doesn’t mean ignorance because the one who panics are those who don’t have knowledge or even trying to study the history of cryptocurrency..

Don’t associate sellers as newbies because most of the time they’re the greedy investors who manipulate the market..

It is just the normal way people react to things easily when things are not working out as they would have expected. A lot of people could have the mindset that the market is volatile and they still held, but it is normal for them to see things going awry and then trying to find answers everywhere as to what may be going on so they are not kept in the dark, and sometimes, the news may not even be helping due to the level of FUD, which may make them to react.

Except for the experienced investors or those who may really just have been able to understand the market very well, they are the ones who usually do not care and only focus on the future.

New investors and the ones who bought on top are panicking, its always like that. They are the ones who post so many threads with questions when will price recover, when will rise, are we at bottom, etc. You don't hear such things from early adopters and investors, we already have huge profit from bitcoin price rise and we don't worry like new investors do.
They didn't invest in bitcoin as technology that will conquer the world one day in the future, they invested with one agenda and that is fast profit and if possible big profit. That didn't happen, instead up price stared to to down and panic started, its how things are working.

Panicking is part of human nature, but I think sometimes we have to learn how to control our emotion and stay strong. The ups and downs in price is a normal trend due to some factors and I believe it is something that we have to know before joining crypto and condition our mind that being hopeful is a good thing to always remember. Don't lose hope, keep the faith alive.

To me i think that it is true for those people who do not have experience in bitcoin market, or who are very new in bitcoin world and they do not have any idea about the nature of bitcoin, bitcoin has in fact too much potential and its price can increase too much therefore i do not think that we should feel panic and should not sell our bitcoin in panic like situation, but should wait patiently for the price increase.

It will happen many times.When the new comers in cryptocurrency, see the fluctuations of price they surely will get panic and sell the valuable bitcoin at low price. Why don't you hold the valuable bitcoin.?
Panic selling always make some loss.Just hold the bitcoin till the price is rised more than a invested amount.We had invested in bitcoin to get some profit from it.

clear! new entrepreneurs will panic if hearing negative news, we all know, at the end of last week many people who sell because of news like, twitter forbid crypto, facebook forbid crypto and many more news that make people panicked. the last holder who sells seems sorry to see the current situation, as slowly bitcoin begins to recover and rise from adversity.

well, that is a common thing, even I also often experience it. but, when I do not really need the money, sometimes I hold it, and do not panic. but for now, I think almost everyone is very excited to hold the bitcoin.

Some new investors will always respond to the market that way because they were not able to give themselves much information before even deciding to get into the market and that makes them to panic easily once the market is behaving in a erratic way that is not favoring them which if they had done their investigations well, they would have seen it as an opportunity rather than seeing it as a problem.

What we need to notice here , it is the way the whole market has always been, no matter how old they have been, so we just have to get used to it. I guess getting used to fluctuation requires lots of hard drills and that is the reason new investors are getting heart attack like panic. Over time, bitcoin market itself will settle down to make us feeling comfortable regardless of much risk we are taking with bitcoins.

quite natural appearance, many begin to worry when their money is invested in something that was on the same level and is now declining

Inexperience people always get panic when then see the price felling down, as they are not familiar with the nature of bitcoin and when the see such a big fluctuation in bitcoin price it create disturbance to them and they even sell their bitcoin in panic. I think that before start trading they should first get some experience must study the market and after that they should start trading. In fact trading is not such an easy job as we consider it.

I do agree. Also,we really can't blame those who are panic selling and rather, we should share the information in order for them to be awared of the things to do during such situations whereas the market value of a crypto is falling. They do panic because they can see how fast and big are their possible loss when the market is falling not knowing that their amount of holdings are still the same.

I knew that everyone of us here does panicking all the time we are seeing a downtrend in the price, that is why we should always keep in our mind that if we believe we should also learn to control our emotion, let us set things as a normal and not worrying all the time with the price if when it will going to rise again.

Bitcoin will always up or down depends on what actually happened. We should have this at the back of our minds that bitcoin cannot continue going up and we can not see continuously downward trend. This are impossible state. If we look at how things happen in cryptocurrency world we would understand that FUD,  panic and fear is what is actually driving price.

That is what investors should avoid. Listening to others is pretty fine but thinking that they are honest with you and every word that we hear is truth, that is not the way of world. People do what is best for them. Therefore, one should go with his intuitions and talent. Always verify the information and then take any decision. Without knowledge, it is hard to live in crypto world.

Whatever the reason for the panic and whatever it is that affects it, it will continue to happen over time and lead to many opinions or predictions that affect many people. Here it is of course only the true holders who will win and stick to their beliefs. This is the natural thing.., that the fact would be still lead to the trend of price movements that reach higher prices I think.

A lot of people never got to understand how markets work in general (stocks, Forex and so on) as it has been kind of restricted to the bigger investors and institutions as well as traders.

Cryptocurrency changed a lot of things and that made us to start seeing new investors and most especially the inexperienced ones hitting the market and looking for quicker ways to make money since the crypto world is easily accessible without any regulations of some sort and in that case, what else would we have expected ?

Actually, people who save money in cryptocurrency are not fully focused on their strategy. I mean if initially, they choose long-term investment, but then they find the price weakened and eventually they will sell back the investment he has. This is not a matter of panic selling or anything up to those who sell investments when there is a notice of bad news coming. But this is entirely to save their money to create new ways to earn more profit.

In my opinion people sell their bitcoin because the summer time approaching. Summer time is all about vacation in some family. So if they are bitcoin holders and no more enough budget then probably they will sell their bitcoin. Yah, fake news and the stop of advertising in other social media have an impact to rush rapidly their bitcoin.

Bitcoin price is not related with holidays or season. Its live 7/24 and all depends on market trust.
And looks like people start to trust crypto again and bitcoin price is holding 8000 usd.
This i snice cause if it continue to hold 8000 usd this will lead to 20k soon.

It is normal to see them frustrated and sometimes we just cannot blame them as no one would see their investment going down hugely without emotion kicking in a little bit, but for those who really understand the market or really just see the dip as an advantage to buy more, they will act based on that knowledge, so at the end, it all balls down to how knowledgeable or ignorant they are about the market, that would help them in their decision making rather than panic.

and nevertheless today is a very bad attitude to Bitcoin, because because of the price drop, its popularity has also fallen. Because of this, many new investors do not want to invest their money.

What are you talking about? Do you mean bitcoin will fall now because of being lack of demand and supply? , i think you're making false pal. If you don't mind please check the price now , 'cause it seems price is stable below 8k until now .

well, it seems that he thinks that bitcoin prices always decrease. but, now the price is going up. maybe some people have panicked when bitcoin prices are declining, but right now, I think they keep the coins they have in a long time.