What make people panic sell?

[Wong Gendheng]

The causes of panic are of course diverse, and I have also been panicked when the price of bitcoin drops more than 5% a day, I keep assets in the coinbase and there is always a notification if there is a large fluctuation, if there is a red or drop price of more than 5% then I immediately divert To the coin stable so there is no greater loss.

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[lepbagong]

The causes of panic are of course diverse, and I have also been panicked when the price of bitcoin drops more than 5% a day, I keep assets in the coinbase and there is always a notification if there is a large fluctuation, if there is a red or drop price of more than 5% then I immediately divert To the coin stable so there is no greater loss.

I think everyone will experience what happened to you, my friend, because when we buy at a higher price and when the current price drops drastically, we can be sure that we don't lose big enough, look for the best alternative. Anyone will instinctively do it, so that all the best that can be done, you make changes to coin stable, of course that is what you think is the best course of action.

even though bitcoin actually has a different character, there should be no need to panic, it is certain that bitcoin will recover and make the price even higher than when we bought it. but indeed everyone's character cannot be the same and this is natural and cannot be blamed for all feeling that what they are doing is the best thing to be able to save existing assets.

[fzkto]

The causes of panic are of course diverse, and I have also been panicked when the price of bitcoin drops more than 5% a day, I keep assets in the coinbase and there is always a notification if there is a large fluctuation, if there is a red or drop price of more than 5% then I immediately divert To the coin stable so there is no greater loss.

If you are an active trader, you should learn about the term stop loss. Then you will be less nervous. Although it's strange that you still don't use it and are guided by notifications from the Exchange. By the way, 5% price change, especially for bitcoin, is not a reason to panic, especially in the situation the market is in now.

[|MINER|]

~snip~

I will not just talk about the range of 10-60k if I talk about general trading then I think the main reason of selling is we failed to controll our emotions. On the others hand you have to know that trading is all about to buy and sell . Here we take a strategy  for selling in this case you can think it panic or bad things. Because this is also one type of trading strategy.

[asrinur]

I think, if traders have been investing in crypto for a long time, they are well aware of bitcoin price movements in the market and don't panic when they see bitcoin prices go down. But for novice traders or investors who just want to invest in crypto, they panic about selling their assets for fear of falling prices. Therefore, investing or trading in bitcoin is very necessary to be able to control emotions and stay calm in the face of price movements in the market.

I think old investors also often experience panic selling when the price of bitcoin drops drastically, sometimes we also need to do this to avoid bigger losses. after that we can set a new strategy and buy when the bitcoin price starts to recover to cover the losses we previously got. Panic selling can indeed cause market conditions to get worse but it can prevent us from getting bigger losses.

When the price of bitcoin drops very deeply, it is very important to manage your emotions of panic so as not to experience bigger losses. Especially after seeing the price of Bitcoin which immediately fell after scoring the All-Time High. So, the best thing you can do when the price of bitcoin drops is to think of a strategy as an effort to improve financial conditions without needing to panic.

Emotions would be the primary problem on times like these on which you would really freak out when you do see that your portfolio is on floating negative even though its
still not a realized loss but you would really be seeing and getting stressed of it which it isnt really surprising for someone to have that kind of reaction and when
things becomes even more worst on where it is followed up with some FUD then it would really make things even more worst.

Indeed, FUD always leads the psychology of the majority of traders and investors, especially beginners, to panic, resulting in considerable selling pressure which causes the price of bitcoin to fall. But for traders and investors who are experienced in the crypto world, don't panic when the crypto market experiences a deep price decline. The thing to do is always carry out technical analysis in the short and long term and find out the cause of the decline in cryptocurrency prices.

[Sebas.tian]

most of the reasons why most people panic in the crypto world is the uncertainty about this future. As we all know, the world is now in an economic recession, even superpower countries are experiencing a recession, such as America and China, and some are even experiencing bankruptcy, such as Sri Rare. I think this is the main reason for the panic.

I agree with you, because many countries are still facing this recession that is making their economy not to grow well like the way they want it to pump for their citizens to feel the impact in the land.  Many people sell to sustain their family or to improve their businesses in the communities for them not to experience collapse in their businesses before their government will solve the problem that is facing the whole country. And many people feel this is the best opportunity for them to make a good profits to sell at the moment, because they thought the price will not increase higher more than this that to panic to sell in the market.

[Mahanton]

I think, if traders have been investing in crypto for a long time, they are well aware of bitcoin price movements in the market and don't panic when they see bitcoin prices go down. But for novice traders or investors who just want to invest in crypto, they panic about selling their assets for fear of falling prices. Therefore, investing or trading in bitcoin is very necessary to be able to control emotions and stay calm in the face of price movements in the market.

I think old investors also often experience panic selling when the price of bitcoin drops drastically, sometimes we also need to do this to avoid bigger losses. after that we can set a new strategy and buy when the bitcoin price starts to recover to cover the losses we previously got. Panic selling can indeed cause market conditions to get worse but it can prevent us from getting bigger losses.

When the price of bitcoin drops very deeply, it is very important to manage your emotions of panic so as not to experience bigger losses. Especially after seeing the price of Bitcoin which immediately fell after scoring the All-Time High. So, the best thing you can do when the price of bitcoin drops is to think of a strategy as an effort to improve financial conditions without needing to panic.

Emotions would be the primary problem on times like these on which you would really freak out when you do see that your portfolio is on floating negative even though its
still not a realized loss but you would really be seeing and getting stressed of it which it isnt really surprising for someone to have that kind of reaction and when
things becomes even more worst on where it is followed up with some FUD then it would really make things even more worst.

Indeed, FUD always leads the psychology of the majority of traders and investors, especially beginners, to panic, resulting in considerable selling pressure which causes the price of bitcoin to fall. But for traders and investors who are experienced in the crypto world, don't panic when the crypto market experiences a deep price decline. The thing to do is always carry out technical analysis in the short and long term and find out the cause of the decline in cryptocurrency prices.

Easy to say but when the time comes then it would be the hardest part to be done on which you should really be controlling your emotions on times like these  where price is declining and as said it cant really be resisted on not to make out any actions specially when you are seeing your portfolio is going down and when emotions starts to tingle and your mind is starting to stir up just because it had been affected
by your emotions then you would likely able to make bad decisions basing on what you are currently experiencing.Panic sell is common but having a good or enough experience in the market
then you would definitely able to handle up situations like these.

[Aliem Nur]

panic sell occurs because there is bad news about bitcoin and the effect will make the market very volatile,
indeed we can't regulate it, because panic sell is not only 1 or 2 people,
but everyone who uses the exchange will experience it, that's why panic sell will be very dangerous if we follow it

[uneng]

Easy to say but when the time comes then it would be the hardest part to be done on which you should really be controlling your emotions on times like these  where price is declining and as said it cant really be resisted on not to make out any actions specially when you are seeing your portfolio is going down and when emotions starts to tingle and your mind is starting to stir up just because it had been affected
by your emotions then you would likely able to make bad decisions basing on what you are currently experiencing.Panic sell is common but having a good or enough experience in the market
then you would definitely able to handle up situations like these.

To not despair is the best alternative. I know it's easy to say, but what else can we do? People who get negatively affected by every market's fluctuations shouldn't be investing in crypto in the first place, because it will be harmful and painful for their emotional side. To invest in volatile assets and currencies require patience, calm, focus and long term mindset. Once the investor realize and develop all those traits inside himself he won't feel tempted to sell his portfolio during a bear market, as he knows he is going to lose money and have prejudice futurely, once the market starts breathing fresh air again.

I would say unstable emotions are the main factor to cause panic selling.

[Minor Miner]

most of the reasons why most people panic in the crypto world is the uncertainty about this future. As we all know, the world is now in an economic recession, even superpower countries are experiencing a recession, such as America and China, and some are even experiencing bankruptcy, such as Sri Rare. I think this is the main reason for the panic.

Because no one knows what the future holds and they are exposed to too much FUD, which increases their fear.
It could also be due to the world economic crisis, especially taking place in the major powers, leaving investors more and more confused about the future of cryptocurrencies and they want to sell them sooner than before too late.
There are many reasons why people panic selling, but in general, these sales actions mainly come from newbies, and weak hands.

[bestcoins1]

panic sell occurs because there is bad news about bitcoin and the effect will make the market very volatile,
indeed we can't regulate it, because panic sell is not only 1 or 2 people,
but everyone who uses the exchange will experience it, that's why panic sell will be very dangerous if we follow it

Panic selling occurs because some people are still easy to believe in bad news for Bitcoin so they tend not to keep the Bitcoin they already have for fear of losing money.
Whereas if they continue to hold Bitcoin and patiently wait for another increase in the market, then the little money they lost will be easy for them to recover.
So don't be afraid and panic as long as you still have the best of thousands of other products that are said to be good too.

[BobK71]

most of the reasons why most people panic in the crypto world is the uncertainty about this future. As we all know, the world is now in an economic recession, even superpower countries are experiencing a recession, such as America and China, and some are even experiencing bankruptcy, such as Sri Rare. I think this is the main reason for the panic.

Those who enter the crypto market without knowldge can face such situations. They may believe that BTC may be a stage like 0. Because they don't know this. At the same time those who know about BTC and have good knowledge of its uses are willing to invest in it for the long term. There will be rumors in the trading business but one must acquire the skills to analyze them. Panic buy and panic sell both can take your business to the bottom.

[BlackBaron]

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

Most of them panic to sell Bitcoin, as far as I know negative news and Bitcoin prediction experts who say bitcoin will fall $ lower than before.

But not all crypto users panic, it's for those who don't care about negative things, they have faith about Bitcoin's growth.

[arufox]

A person who panics selling when the bitcoin price drops is the type of person who is only looking for short-term profits or can be said to be a speculator. Every price drop experienced by cryptocurrencies makes some who invest wonder, how bad will the impact be. However, investors who are long and experienced with crypto, where do not panic when they see the price of bitcoin plummet.

[milewilda]

A person who panics selling when the bitcoin price drops is the type of person who is only looking for short-term profits or can be said to be a speculator. Every price drop experienced by cryptocurrencies makes some who invest wonder, how bad will the impact be. However, investors who are long and experienced with crypto, where do not panic when they see the price of bitcoin plummet.

And on the time it do happens then those short term traders will really be ending up as holders but thats if they do able to hold and not able to panic sell but we know that each person does have
different perception towards the market and we do have different level of knowledge and awareness on how this market works then our actions would really be basing on that.
You do really panic sell if you  dont have trust on your investment or on to the project you are accumulating then you would really be definitely be panic selling.
Once you do have that sufficient experience then you would do the other way around.