People panics because the price goes down.

[SabrinaBianka]

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?

[1713409697]

1713409697

[nydiacaskey01]

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.

[chris200x9]

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.

[FRJ]

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.

[BitcoinPanther]

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.

[JoshyKulotski]

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.

[JoshKulot]

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.

[Wexnident]

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?

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.  

[Jonsnowstark]

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.

[DilBro256]

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.

[Virtual miner]

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.

[pooya87]

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.

[Kotone]

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?

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

[Guryon_master]

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 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.

[Nick Abimanyu]

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.

[Roaid]

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.

[pimkobai]

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?

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

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.

[ahmad21]

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?

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!!

[Kolly]

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?

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.

[Roukawa]

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?

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.