People panics because the price goes down.

[BillyTalent]

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

[castiloros]

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?

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

[Kakmakr]

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.

[A Feeder]

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?

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.

[rajuahmed763]

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?
You speak the truth.

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?

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).

[boboking]

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?

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.

[huanzhong644306]

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.

[jikurpa]

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?

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

[fargoway]

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?

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

[Clavulanic]

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?

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

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.

[MoonJeina]

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.

[SaShiRaJaVu]

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?

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.

[usekevin]

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?

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.

[socks435]

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.

[fabiorem]

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.

[Ultegra134]

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?

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.

[Hannahanto]

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?

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.

[Ahiaba]

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.

[kateycoin]

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?

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.

[SistaFista]

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.