What make people panic sell?

[gabriela1999]

Bad news, I think sharks are manipulating the market with fake news, creating panic so many people are fearless to sell their assets. Hold on. Do not sell anything when the market is down.

[kizlod]

Not everyone makes big research and can think in long term. When they see big crush their brain tells them to sell it before it goes lower and they can't manage that thoughts. I'm not saying they're all stupid but i think that how it works.

[Nrcewker]

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

Like you and me many people don’t have the capability to be patient, they just want to make huge money and earn profits. This is the main reason for which people panic and are selling the coins.
Another in direct way can also be considered in this situation,
Elon Musk the DogeFather after announcing that his company Tesla won’t accept BTC as a payment method, this led to the market down and people started selling their coins.
But i will hold it for more maybe a bit more and will sell when i find the profit is sufficient.
Wish us good luck.

[Dewi Aries]

Simple, who panic sell is who panic buy.  Because who analyze it will know why he buy and what price he aim to sell it. People nowadays, although not all but a lot of them only follow signal, or maybe influencer who talk about crypto and then buy without prepare to minimize lose that he can possibly get. And then when price dumped, he panic and sell his assets.

[terrorJR]

There are several reasons for this. The first one must start to panic because there is a lot of news about the manipulation that is currently happening and those who sell are afraid of losing some of their assets due to this manipulation, besides that there are various other reasons such as they are satisfied with the profits now and they want to harvest of what they planted so far. because it is not easy to maintain bitcoin for now especially at a very fantastic price even though for now a lot of corrections have occurred

[BIT-BENDER]

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

Imaginations can cause people to go into panic selling off,  loafty imagination like the one you have thought of bitcoin next break is at five hundred dollars, I think this comes with investor expecting the most and thinking of a dip, I think many panic sellers has a whole lot of expectations and are also moved by what and who made them to invest, let say I made you invest in bitcoin, really you didn't grab anything you just invested because I told you, if I panic and sell you may also follow in my line.
Panic selling is also normal with short spell investors especially when the prices goes lower than what they can bear/take.

[milewilda]

There are several reasons for this. The first one must start to panic because there is a lot of news about the manipulation that is currently happening and those who sell are afraid of losing some of their assets due to this manipulation, besides that there are various other reasons such as they are satisfied with the profits now and they want to harvest of what they planted so far. because it is not easy to maintain bitcoin for now especially at a very fantastic price even though for now a lot of corrections have occurred

One of the most common reason is about fear on losing their investment and this is why people do make out panic sell due to this very reason but without even thinking on how this market
moves and what are  the past or history of it when it comes to price correction and reaching or breaking new ATH's and this is why experienced people in regards into this market
wont really be easily get affected with any situation like Fuds or dumping of prices because they do eventually know that the market would really be make out some
recovery later on. When you do panic sell then you would just really regret on what you had done and youll surely be gaining awareness once you do
commit out these kind of mistakes.

[suzanne5223]

There are so many things that make people panic sell but the one number thing that gave birth to other reason is lack of knowledge cause the major belief of people that cryptocurrency investment is quick to a rich scheme and when the story change they panic sell their holding.
This is what happened to a millionaire that invested in DOT last year and when he didn't make profit he sell his holding.

[Yatsan]

The thing that make people do panic selling is because we have different preference regarding the market movement and we ought not to pass behind the line of our target price making people to do panic selling most specially if the goal have been reached already. Also, maybe panic selling might be cause of other people's influence that is affecting the way they make decision and seems to be following the trend where many inexperienced individuals are also do panic selling for they still are not familiar with the market to put themselves into safe track based on their preferred goal.

[liao chandra]

people panic selling because there is bad news.  besides that the crypto price has experienced a high increase, making people take profit actions.  Although the price of crypto is very volatile, but if we invest in the long term, crypto is very promising.

[Maslate]

UNCERTAINTY...

people got worried about the future and every time they saw the price moving down, they start talking negatively. This gives a huge influence on the newcomers and will definitely change their mindset.

I think this becoming common this time, not all are here have strong faith in crypto, many of these investors are weak hands. That is not surprising anymore to see these people will be in panic selling as their market understanding is limited.

[Twentyonepaylots]

A lot of factors playing around why people panic sell. Most of the time this is due to FUD and drastic drops in the price of a coin they are invested in. And this only happens in coins that aren't established as yet, or with a coin with a large following with newbies who invested in it. this is the reality of this industry. And as long as certain issues in the framework isn't solved, we going to continue having these problems in the future.

[Bitstar_coin]

People panic sell because of fear of not being certain which direction the market is heading, if it will recover soon or not, lack of understanding or lack of experience from previous similar situation,  also some invest with all they have and can't afford to lose it all so they will always panic sell whenever the market is going down, this is reason why best way is invest the amount you know won't hurt you much should anything happens.

[Shasha80]

People panic sell because of fear of not being certain which direction the market is heading, if it will recover soon or not, lack of understanding or lack of experience from previous similar situation,  also some invest with all they have and can't afford to lose it all so they will always panic sell whenever the market is going down, this is reason why best way is invest the amount you know won't hurt you much should anything happens.

Why are there still many people who panic sell when prices fall, that's because most people don't know which direction the market is going to move.
There are still many people investing or trading based on signals from other people, so it is very natural when the market moves down suddenly
a panic sell will occur. Because they definitely don't want to incur heavy losses, so they chose to cut losses as soon as possible. Even though this
decision is often regretted, because usually some coins will recover quickly. This is the importance of understanding how to analyze the market
and not relying too much on other people's signals.

[Obito]

People panic sell because of fear of not being certain which direction the market is heading, if it will recover soon or not, lack of understanding or lack of experience from previous similar situation,  also some invest with all they have and can't afford to lose it all so they will always panic sell whenever the market is going down, this is reason why best way is invest the amount you know won't hurt you much should anything happens.

i can understand the first part that they panic sell because they are uncertain but at the same time stupid, but the second part where they put an all in isn't really a good idea to me and I think that they deserve to lose their money because they are greedy people and they should have known that the market is volatile and they still put all of their money in the market. I think with those two types of people, I think the reason why they are like that is because they are both greedy and narrow-minded when it comes to investment.

[Lorence.xD]

~

I think it's more fear than greed! They see some whales sell-off, and fear of losing more money is pushing people to sell too, and cut their losses! When there's some big market manipulation, panic is created by whales... and if they hit the market players from all sides, news, forums, big sell orders, many will show weak hands and sell! It's fear, not greediness!

Greed I think the root of fear, we are scared that we might not benefit really big so we panic sell. If you aren't greedy then you aren't scared that the whales will dump their coins and in turn cause the prices to go down.

[mrjoy15]

Selling in expecting to catch it up bit lower. Actually panic selling leads the biggest mistake you’ve ever made. I had my bags toward the beginning of bear market however I got confused in the Jan dip and got scared so sold off the majority of my holding. I had over 500k of doge. Selling early, not buying more, but still a little time to make more.

[LogitechMouse]

But why the hell people panic sell now after it reach this high amount?\

Profit takers, market manipulation, sentiments and emotions of people. These are just three of the reasons why people are selling. There are 2 kinds of sellers. One who is taking profits because they want to secure their profits and there is one who is panicking therefore they are selling their holdings at a loss.

Do people really still think it goes to 0?

Nope. Nobody is thinking like that. Its just that there are some investors who are taking some profits.

There soulnd't be any sale presure given the history that we see Bitcoin only going up in value

Markets are heavily driven by sentiments and emotions of people. If the investors see some bad news, they will sell some of their coins causing a price dump and vice versa but if you will see the overall chart of Bitcoin, it has only one movement and its going upwards. Bitcoin going higher will be a rough road where we will see massive dumps (bear market).

[Nunoluck]

I investing in bitcoin since long time ago and I am not so surprise. In my opinion is not a bad thing, it is just giving investors to buy more bitcoin at lower price. In my opinion it is happen because the old bitcoin holders need to get their profit. Also there is no more new sentiments that give significant effect to the market.

[nebuch]

I don't really think Bitcoin will come up to $500,000 this year or even after 3 more years. Bitcoin is not a hype or a ponzi that will neglect the reality to move forward. I do believe many people didn't think the value to become zero or $10k in the future not unless drastic scarcity will strike the world and the economic growth. As long as the world is in normal, The progress of Bitcoin price will goes to normal trend where we can see the uptrend and downtrends.