What make people panic sell?

[oktana]

People see investment from different perspectives, you can't really blame them if they panic sell. Some people are just being careful with their money. We know it'll go up in the future, But what if you need to use the money already? Not everyone can wait for tomorrow. Some may e ven have pressing needs.

[1714885524]

1714885524

[Viscore]

Looking at the charts always.

Someone who looks most of the time and lack of experience makes them panic sell. I was the same before until it helped me endure the market during the bears and bulls.

Also, when someone is in need, he won't care if he panics or not.

A man in need will never think anymore about hodling as long as he gets to solve the poblem he's facing just like in emergency cases that are inevitable. So he eventually end up panic selling. And yes, if you are just here to invest because its a trend without making any preparation so probably when a bears hit the market, you started to worry seeing all your investments will end up in zero so you resorted into panic selling. And that will make you lose a huge amount.

I understand how things will be after panic selling because i have also been doing that before so i decided to change my strategy and focus more on improving it so i can minimize my losses.

[Swordsoffreedom]

Panic sellers always count the losses. Crypto is where you can make all the profits. Maybe it will take more time but you will make a profit. If you are frustrated, you will panic and lose. During the correction, many people panic started sell. Pumps again after giving his cell to see later. so don't be panic in trade.

It is common human behavior, the crypto market is good enough to play with public sentiment. Suppose you bought 10K dollars worth of bitcoin with pegged price $50K, and the market started falling suddenly just after you buy the coin, if the market fall to $40k that means already you have lost 2000usd within a couple of minutes, so what will you do? If the market will start to fall again common human sense will encourage him to sell the remaining funds at the spot, no one can control himself when he seeing money is going away continuously.

[CLS63]

First of all, the experience level of an investor is really important. If one is an inexperienced investor and didn't do a detailed research about the coin they invested, then there is a high possibility that this person can panic sell also. These people like to FOMO also. When prices start going higher and they see many people buying, they start feeling bad about not buying for themselves. And they also start buying right after that. But they don't have a roadmap about what to do. I mean when to stop being greedy and sell.

[Quidat]

Panic sellers always count the losses. Crypto is where you can make all the profits. Maybe it will take more time but you will make a profit. If you are frustrated, you will panic and lose. During the correction, many people panic started sell. Pumps again after giving his cell to see later. so don't be panic in trade.

It is common human behavior, the crypto market is good enough to play with public sentiment. Suppose you bought 10K dollars worth of bitcoin with pegged price $50K, and the market started falling suddenly just after you buy the coin, if the market fall to $40k that means already you have lost 2000usd within a couple of minutes, so what will you do? If the market will start to fall again common human sense will encourage him to sell the remaining funds at the spot, no one can control himself when he seeing money is going away continuously.

As a human being which does have emotion and feeling then you would really be having those common reactions whenever you do see the price is falling or specially you do see your portfolio is getting lesser and lesser or
having deep negatives and this is what makes us able to sell in no time or simply committing some panic sell which turns out to be a big mistake because we do know that some coins specially bitcoin could really have some
chance to recover even though its not an assurance on when it would happen but it would surely be on next.

[Vaskiy]

Panic selling happens as a result of market manipulation from the whales. When there is an unexpected increase/decrease in the price of bitcoin people who have small volumes tend to sell it. This selling is out of the fear about the future market. Here the beneficiary is the whales who acquire the bitcoins that were sold by the small volume holders. With bitcoin and cryptocurrencies, the successful people are the one who have the ability to hodl unlike the market changes.

[sherenikaw]

we know that the price of bitcoin goes up and down in the market and we must be able to follow it well. when bitcoin is on top it would be better if we don't sell all the bitcoins we have so that later when the price goes up again we still have bitcoin reserves. besides that if we have sold bitcoin then we must also be able to accept the risk later when the price is getting better, so before selling it it would be better if you think about it carefully so you don't feel panicked or disappointed afterwards. something that has happened does not need to be regretted, just use it as a guide and learning in the future to be more careful with your own assets.

[iTradeChips]

Panic will affect the nervous system, direct psychological impact will be accompanied by hasty decisions, not controlling your own behavior.  Impatience, lack of confidence are the reasons that accompany the panic that shows the failure in this market.  All that happened after that, was guilt and regret

Being impatient, total panic, and mental stress will cause one to have decisions that are not well thought of. Also will affect his capability to analyze well. We need to always prepare ourselves for any possibility of a bust in our investment so you have to take all the good advises that has been put here in this forum by so many people before us, and put it into good use. Otherwise, we will only have failures upon failures upon failures in our crypto experience.

[Rruchi man]

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

From another perspective, it may not just be panic sale, some people have set targets for themselves, and maybe the point at which they sold thier bitcoin is the target they have fixed for themselves. You may even be surprised that some purchased bitcoin when the prices were very low and have been hodling since. To maybe others, it is just a percentage that they have planned to sell at a point and they have gotten to it, you may never know.

[Rajamuda]

It depends on each other's beliefs and mindset, how they delve deeper into Bitcoin/Bitcoin price. Sometimes a lack of experience and insight... can cause doubts to feel less confident, to decide to sell with high anxiety.
Besides that, there are indeed some people who are easily influenced by things that smell like negative feedback from various sources, which basically doesn't necessarily weaken Bitcoin.

[dreamer81]

Humans are often influenced by media and FUD from larger institutions. Its only the average joe that panic sells, the prof guys have it all under control.
Please also note that those panic selling are often only in this game short term....

[Karartma1]

Panic selling happens as a result of market manipulation from the whales. When there is an unexpected increase/decrease in the price of bitcoin people who have small volumes tend to sell it. This selling is out of the fear about the future market. Here the beneficiary is the whales who acquire the bitcoins that were sold by the small volume holders. With bitcoin and cryptocurrencies, the successful people are the one who have the ability to hodl unlike the market changes.

I don't buy it all. It's not always about the whales and we're giving them too much attention and power.
Looking deeply into the on-chain stats one realizes why such movements happen with ample margin. At least that's what I'm witnessing since a few months now.
For those who hold with strength nothing really changes but for those who trade, mostly for the first time, there can be only one end: losing everything.

[bitzizzix]

In general, after a sharp rise the market will experience a correction or decline due to selling, and in a market situation that goes up and down like a rollercoaster often makes many investors or traders lose their minds in investing and tend to make transactions based on emotions.
Panic selling for various reasons and most importantly looking at previous experience what to do, because what happened to the bitcoin price will happen again and again and continue like that and only those who don't learn from experience make it fall into the same hole, except they are beginners.

[cunguks]

Humans are often influenced by media and FUD from larger institutions. Its only the average joe that panic sells, the prof guys have it all under control.
Please also note that those panic selling are often only in this game short term....

what happened to them was panic due to a lack of experience and skills.
I think it's natural for me to start in this market. everyone does the start which I guess is pretty much the same. and with the increasing experience, I'm sure skills will also improve.
Everyone has their own development process.

[ivankoh]

In my view, the majority of sellers panic below the loss due to many reasons:
1. Lack of awareness, lack of trust
2. Believing in FUD communication
3. Not being patient enough
4. Asking for too much time high is like wanting to make a quick profit

[gided18202]

In my view, the majority of sellers panic below the loss due to many reasons:
1. Lack of awareness, lack of trust
2. Believing in FUD communication
3. Not being patient enough
4. Asking for too much time high is like wanting to make a quick profit

Lack of Trust and changing market dynamics is at the top of the list. Especially in the light of recent scenario and what happened back in 2017

[MartinsCoin]

There are several situations that make people sell their bitcoins. Negative news that generates panic in the most inexperienced is one of them, just look at the news like: "the end of Bitcoin is near"; or even "you can lose all your money on Bitcoin, because today it's worth a lot and tomorrow it won't be worth anything", news that kind of frightens anyone who has never experienced a bear market. Many also sell because they simply achieve their goals and don't want to hold the coin anymore, taking advantage of another moment to make new purchases. Everything will depend on the emotions of each one, and also on the strategy that each one has. In my opinion, the most important thing is to always have bitcoins, in the short, medium and long term.

[xSkylarx]

There are two reasons why people panic sell: either they are caught up in the frenzy or they are afraid because the price has dropped. The second one is more common since most of us, I believe, are continuously watching the price, which makes us nervous and makes us assume that if it goes down, we will lose money; this is a lack of patience and wisdom because it is not always pump.

The second reason was that some people anticipated it would go down by displaying their chart, leading you to believe it would sell right away.

[rugrats]

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

To reach the number of $ 500k is really too difficult but considering the current BTC value , I think it is possible for BTC to reach the threshold of $ 100k. And why panic people dump their BTC , In my opinion they are new entrants in the market and are emotionally manipulated by market prices and don't trust BTC holding long they just want to earn quick profit share in short time.

[bandungan]

beginners who do not know bitcoin accurately, and do not have knowledge of bitcoin must be educated so as not to create panic sells and help dump drastically. sometimes I'm sad if there is a beginner who loses just because he is hit by a panic hype, and he doesn't get a profit. it's so sad