What make people panic sell?

[JazzOne]

One of the reasons people panic is because of fear and greed. many people feel afraid and greedy when the price of bitcoin moves up after a long time of no meaningful movement. When the price of bitcoin begins to touch its peak, many people want to make a profit by selling their bitcoins. The price that moves down causes people to be afraid, so more and more people are selling bitcoin again for fear of experiencing big losses.

People panic sell because they think that bitcoin will reach to zero, which is not the actual case. They dont know the real potential of the coin.

[asrinur]

One of the reasons people panic is because of fear and greed. many people feel afraid and greedy when the price of bitcoin moves up after a long time of no meaningful movement. When the price of bitcoin begins to touch its peak, many people want to make a profit by selling their bitcoins. The price that moves down causes people to be afraid, so more and more people are selling bitcoin again for fear of experiencing big losses.

Panicking is normal since we are just humans but once we do gain up sufficient experience then we might get used to it and instead on getting afraid you would rather be prepared or do know on what you are doing since you had experienced it back in the past.Mistakes like these specially in panic sell is talking about emotion and if this is your first time then its understandable but you would learn it later on.
Once you do gain experience then you wouldnt be easily get affected by this but not all the times because there are instances or situations which would really be put up
on a hard situation in terms of making a choice.

Right. I agree with you. sometimes we find it difficult to make a choice when we see the crypto market experiencing the deepest crash that makes someone panic. But if you've already gained experience, then we avoid checking our own investments when the crypto market is volatile. Because this can trigger the emergence of temporary emotions that lead to wrong decision-making. For example, making a purchase or sale at the wrong time. Therefore, when the crypto market is falling, keep doing technical analysis by looking at short and long-term trends through price charts so that can determine the right time to sell and not get carried away by FUD and FOMO.

[tippytoes]

One of the reasons people panic is because of fear and greed. many people feel afraid and greedy when the price of bitcoin moves up after a long time of no meaningful movement. When the price of bitcoin begins to touch its peak, many people want to make a profit by selling their bitcoins. The price that moves down causes people to be afraid, so more and more people are selling bitcoin again for fear of experiencing big losses.

Panicking is normal since we are just humans but once we do gain up sufficient experience then we might get used to it and instead on getting afraid you would rather be prepared or do know on what you are doing since you had experienced it back in the past.Mistakes like these specially in panic sell is talking about emotion and if this is your first time then its understandable but you would learn it later on.
Once you do gain experience then you wouldnt be easily get affected by this but not all the times because there are instances or situations which would really be put up
on a hard situation in terms of making a choice.

Right. I agree with you. sometimes we find it difficult to make a choice when we see the crypto market experiencing the deepest crash that makes someone panic. But if you've already gained experience, then we avoid checking our own investments when the crypto market is volatile. Because this can trigger the emergence of temporary emotions that lead to wrong decision-making. For example, making a purchase or sale at the wrong time. Therefore, when the crypto market is falling, keep doing technical analysis by looking at short and long-term trends through price charts so that can determine the right time to sell and not get carried away by FUD and FOMO.

Or look at the bigger picture. If your instincts is saying that this is just another dip and later on, it will recover. Then, don't spend too much time checking your portfolio as you will easily panic if you see that it is going downhill. Take a break. Look for another day. This will be easier if you don't have urgent needs for your money. So if you are in this market, make sure your investments are not your last funds and are for your basic needs. Because if that is the case, panic and being paranoid in the market is your enemy here.

[STT]

Panic sell relates to being too hot to handle so its dropped.  Its especially true on leverage but even normally a position wont be held if its thought to significantly move downwards from there.   Volatility and volume peak in turning points but in the moment it can be hard to identify from a price that will not return to that point for weeks or months later.
   It comes together with the dangers of having too many market traders involved, if Dollar is a funding currency from QE and other measures to create liquidity and support markets then it also becomes an unstoppable retraction in the price as dollars become scarcer and debts come to term and must be repaid elsewhere hence BTC is naturally sold as a non yielding speculative position.
  The opposite of panic sell is genuine usage and in a regular way, this true measure of BTC use is far lower and slower then the speculative highs which are froth and not subject to last.

[Reatim]

One of the reasons people panic is because of fear and greed. many people feel afraid and greedy when the price of bitcoin moves up after a long time of no meaningful movement. When the price of bitcoin begins to touch its peak, many people want to make a profit by selling their bitcoins. The price that moves down causes people to be afraid, so more and more people are selling bitcoin again for fear of experiencing big losses.

People panic sell because they think that bitcoin will reach to zero, which is not the actual case. They dont know the real potential of the coin.

Lol think that bitcoin will reach Zero? are you that stupid? only Fool will listen to your sentiment here because crypto believer or user will never have this thinking though they might understand the Dip but zero value?
you made me laugh 

people sell because they don't wanna lose from their capital but this does not comply to your belief that they are panicking because of the collapsing idea.

there will never zero price will happen instead in the future it is Million .

[Drnice]

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

People panic sell because of fear, following negative news trends, people's ideas about the market ignoring the pattern, believing in the idea of jumping out on the safe side, forgetting that the price is set for new highs. This affected me at the initial stage when the price of Bitcoin fell to the lows of $6k from the highs of $19k+ in 2017 - 2018, this was very scary because it was something new and gaining popularity. After this situation, I came to understand the price movement a little bit. When there comes new ATHs, what we expect next a price correction, then a new move.
The pressure has reduced as the pattern is becoming more visible to everybody in the system. Panic selling is now a means of losing your assets and letting it for those who wish for more. The investors and supporters now in the system and more planing to come in, in the nearest future will help in the balancing the price of Bitcoin, where the deep will not be as bad as we have seen before now.

[ancafe]

well, the most real panic selling occurred because of the FUD and the negative news that spread. like recently, Russia gave a statement that made crypto users afraid of the value of their assets falling, so, they immediately sold them and triggered a panic sell. Yes, but now the decline has stopped. however, FUD and negative news are the main sources of panic selling problems. this really affects newbies for fear of seeing the price dump much deeper, and making them also sell their assets.

[StreakW]

Be aware that we will face some inevitable losses and everything that happens is normal, usually after a sharp rise and the market starts experiencing a correction or decline due to a sell-off by a weak hand.
and volatile market situations such as this rollercoaster often make many investors or traders feel anxious and panic about investing, and tend to make transactions based on emotion.
and negative news can also affect panic and it all depends on our intelligence in assessing the market situation and the latest news to do the analysis properly and accurately.

It will be difficult for us to sit still and wait when the bear market is happening. But if we manage to refrain from the panic-triggered sell-off, we can pass the period calmly. Indeed sticking with bitcoin during bearish situations requires a high level of vigilance. So, avoid panic and always be alert.

[bitterguy28]

Be aware that we will face some inevitable losses and everything that happens is normal, usually after a sharp rise and the market starts experiencing a correction or decline due to a sell-off by a weak hand.
and volatile market situations such as this rollercoaster often make many investors or traders feel anxious and panic about investing, and tend to make transactions based on emotion.
and negative news can also affect panic and it all depends on our intelligence in assessing the market situation and the latest news to do the analysis properly and accurately.

It will be difficult for us to sit still and wait when the bear market is happening. But if we manage to refrain from the panic-triggered sell-off, we can pass the period calmly. Indeed sticking with bitcoin during bearish situations requires a high level of vigilance. So, avoid panic and always be alert.

That is why you must be ready before the Bear happens so in those times you can sit and relax drinking your favorite wine while others are crying because of losses.

timing is important as always, buy dip and sell high , if you manage to find that timing then you will not be having this kind of trouble now lol.

But of course it is not that easy to find so best to take it as another chance.

[Frengki_cisco]

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?

Who knows and who dares to say all that happened and didn't happen, crypto has good value right now in the eyes of the world.

In fact Bitcoin from the base price until now, does anyone think it's all, of course not, and vice versa in the coming year, people don't panic in selling Bitcoin, they feel they have made a profit that's why they sell it, most likely the price is lower and they are ready to buy again, anything can happen to crypto that we ourselves never realize.

[Fakhrulenclix]

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?

Who knows and who dares to say all that happened and didn't happen, crypto has good value right now in the eyes of the world.

In fact Bitcoin from the base price until now, does anyone think it's all, of course not, and vice versa in the coming year, people don't panic in selling Bitcoin, they feel they have made a profit that's why they sell it, most likely the price is lower and they are ready to buy again, anything can happen to crypto that we ourselves never realize.

if someone has been familiar with Bitcoin for a long time and knows about the price of Bitcoin, I don't think anyone would panic sell Bitcoin just for fear of the price going down to 0.
from year to year Bitcoin has always been able to recover and rise to its highest price even though it had been in a bearish trend for some time such as throughout 2018 to 2020.
I see when the market price is going down there is some media reporting negative things about Bitcoin but I don't think it will be affected by Bitcoin panic selling, as has been said that the things that encourage people to sell Bitcoin are because they need it. immediate money or those who have benefited.

[jamkesmas]

I think the people who are panicking about selling Btc are people new to crypto, they don't have a stand, even though what makes the price of Btc go down is themselves, they sell their assets in droves maybe for fear of losing, and people who have been in the business for a long time. in crypto becomes a good opportunity for them to buy btc cheaply. we should be wise in investing, don't just follow trends, people buy btc we also join btc without knowing deeply about btc.

[Webetcoins]

if someone has been familiar with Bitcoin for a long time and knows about the price of Bitcoin, I don't think anyone would panic sell Bitcoin just for fear of the price going down to 0.
from year to year Bitcoin has always been able to recover and rise to its highest price even though it had been in a bearish trend for some time such as throughout 2018 to 2020.
I see when the market price is going down there is some media reporting negative things about Bitcoin but I don't think it will be affected by Bitcoin panic selling, as has been said that the things that encourage people to sell Bitcoin are because they need it. immediate money or those who have benefited.

Yes, that can be the only reason why people sell because they will use the money onto something where they can get much benefit or to something that is really important than holding their bitcoins. It is not panic sell but just a normal sell off so do not get paranoid OP.

There is no need to rush here because bitcoin wont run from us and no one is going to get scammed here. Panicking is only best to do if you have invested in shitcoins or pump and dump coins because you need to act fast to be able to not get scammed by them but that is still not advisable to do. If there is something that is good to buy now , then that will be bitcoin.

[newdevices]

In the market, there will be investors who often trade short-term. No matter what news comes out or nothing happens, there will always be people who are selling or buying.
But for people who are particularly panic-selling, most of them may be because of some negative news. They will be influenced by their emotions due to panic, leading to panic-selling.

in the market, traders do things like that are very reasonable, because we already know that the crypto market is very volatile and moves 24 hours,
of course panic selling is one way to minimize losses, yes it is part of the cut lose, I also experienced that and do it, because panic selling is not always negative,
with a note that you have to understand the situation.

[Oilacris]

In the market, there will be investors who often trade short-term. No matter what news comes out or nothing happens, there will always be people who are selling or buying.
But for people who are particularly panic-selling, most of them may be because of some negative news. They will be influenced by their emotions due to panic, leading to panic-selling.

in the market, traders do things like that are very reasonable, because we already know that the crypto market is very volatile and moves 24 hours,
of course panic selling is one way to minimize losses, yes it is part of the cut lose, I also experienced that and do it, because panic selling is not always negative,
with a note that you have to understand the situation.

Panic selling is always on the side of negative but somehow it does have its pro's too on which you had able to save up your ass on total devastation whenever a market do really make out such deep
corrections which is really very common.

As an investor or trader then you should really be thinking off on how to handle up volatility in the first place but since we do start on being a newbie then these kind of mistakes
is very common which it isnt surprising if you do ask me.

[Bloodseekers]

yes, most of the people who panic sell their bitcoins are people who buy bitcoin because of the btc trend, they don't have confidence, ability to think far ahead. At times like this immediately panicked to sell it because of negative issues from several media. Even though from year to year there must be negative issues about btc but btc is still strong in maintaining its value.
This is a blessing for investors who already have good experience, they will definitely bring or buy as much btc as possible. and this is what the big investors in the world want.

[Distinctin]

yes, most of the people who panic sell their bitcoins are people who buy bitcoin because of the btc trend, they don't have confidence, ability to think far ahead. At times like this immediately panicked to sell it because of negative issues from several media. Even though from year to year there must be negative issues about btc but btc is still strong in maintaining its value.
This is a blessing for investors who already have good experience, they will definitely bring or buy as much btc as possible. and this is what the big investors in the world want.

Exactly! Also, most of the people who panic sell especially in times like these is because they don't really understand the fundamentals of bitcoins or how does bitcoin work and specifically doesn't had the right mindset because of the fact that they have just bought bitcoins out of trend or hype in hopes that they could earn well without hardships. Nonetheless, I'm not saying that I for one do understand fully the fundamentals but alteast I kept trying to learn and study it well to avoid such behavior that could lead loss of assets or funds.

[mia_houston]

There are many factors that make people panic selling their bitcoins, one of which is the continuous decline in bitcoin in the market and they think if it is better to cut the existing losses, their panic increases when the media continues to report negative sentiments towards bitcoin, and this is clear make them more desperate, in my opinion, usually novice traders who feel the panic and those who don't have a true trader mentality of course will also be afraid to take the risk of experiencing losses, but I think, panic won't apply to those who already have trading experience, so maybe they have more patience in holding their bitcoin when the market is indeed deteriorating and of course trust in the fundamentals of the bitcoin have makes them choose to hold on to waiting for the market to improve.

[OgNasty]

I don't believe Bitcoin has ever fallen below the previous 4-year cycle's high, at least to my recollection.  If the price fell below $20K, I'm sure a lot of Bitcoin would be sold that has been on the sidelines for quite some time.  This latest drop from the highs appears to be in part due to a failure of the stock to flow model.  A failure such as dropping below the previous cycle's high would likely have a similar effect on the market.  This is the reason why trading is so difficult for people.  While a drop below $20K would likely lead to massive capitulation, it would also probably be the worst time ever to sell.  My advice would be to take whatever off the table you need to feel comfortable now, just in case Bitcoin does fall to $10K.  At the same time, make sure you have enough that you don't want to jump off a bridge if it goes to $200K. 

[Farma]

I think people panic sell because they feel the benefits of seeing their investment succeed do not outweigh their perceived negative consequences of a loss.
For example, behavioral economists have observed that people are naturally loss averse.  They like winning but they hate losing more.
Therefore, people sell because at the end of the day they are committed to avoid losing than to actually winning.

As far as I know, there are two factors why people become panic selling.
First, the person is experienced in the field, which allows him to take advantage of the situation by selling his assets quickly into stable coins. then wait for the moment to buy back. As a result, he owns a large amount of crypto assets.
secondly, the person is new to the crypto world, and panics for fear of his assets going to zero, or decreasing to very low. finally they immediately sell their assets, then they say that this is a very risky thing. however, when the hype hits again, they come back again. well, there are people like that.