It sometimes we are out of our mind and not even think the right thing to do which it fall into panic selling. Halving will occurs next year 2020 and we are hopeful that it will results good to the market trend and might change its course but we can't neglect also some instances that some of us can't hold that long especially those who are in need and have a financial problem.
It is certain that financial challenges is one reason that people sell either in panic or at loss.
We have to know that people see bitcoin and other coins as investment that they have made and not as store of value to be allowed a longtime growth, so when it seem they are going to have a huge reduction, they sell off to have their fiat back.
This is why we should have a back up capital and so we aren't be affected when bear season comes to us, and not even committing for panic selling. Mostly it happen to us when we don't have other options but to sell our coins even though that we are still losing.
This will be a big challenge to us and for every crypto holder, we should have to fight for this feelings cause that will cause into losing our funds.
But we would have thought that we are going to be in a long bearish trend? hehehe. Almost everyone thought that we are going to the moon and that the price will keep rising even though all signs are saying that we are in a bubble. And for those who haven't had a back up plan or put everything in crypto then it's a total disaster. I don't know how those guys are surviving now, but it's really a hard and expensive lessons to learn.