Post
Topic
Board Speculation
Re: What make people panic sell?
by
virasog
on 04/01/2022, 14:30:29 UTC
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

Did you see that bitcoin after going to 64K, move all the way back to 30,000$. The people who bought above 50,000$ were in extremes fear because their investment was almost halved. Those who were in profits at 60,000$ but did sold at that time were also in panic thinking bitcoin may go further down. These emotions make people panic sell.
In order for you not to panic sell, you should have a bigger picture of bitcoin and crypto , and only then you will survive these panic times.