Re: panic selling

no matter what happens bitcoin price will surely increase in the future no matter what happens

Not everyone has that much faith in bitcoin though. Some are shortsighted and those who trade frequently are more likely to panic sell.

Yes, it seems that some users have lost their faith in Bitcoin any many of them are prone to panic selling. But I think there is no solid reason for panic and experienced traders should know better then that. But it's easy to react on current issues on the market although is always better to keep the cool head and think twice about every decision

I think they must be new to bitcoin community and are not used to price fluctuations involve in bitcoins so looking at price going down they easily get panic thinking that bitcoins will not bounce back again and start selling their coins at cheap price.

That is normal for a newbie to get panic when the price is dumping and also pumping. Because they didn't have that enough knowledge then it is very easy for them to get hyped up by the rumors that is spreading when the dump or pump is happening and then the result for them is jumping into the hype without even thinking what they just did but the good thing is, it will serve as a lesson for them and after those mistakes they will become better.

Not only newbie if you see the big dump coming on, you will panic and will sell your bitcoin, all you have or only a little for cover up when the price keep going down.