Quote from: cryptoaddictchie on Today at 10:04:31 AM

Quote from: Youngrebel on March 30, 2025, 09:54:08 PM

Why do people sell their Bitcoin due to fear of the current drop in price. Do They feel the price will drop further and never go up again ?

There are different reason for individual to sell their bitcoin such as:

-Profit taking, maybe they already bought below current price.
-Panic selling, this is common for newbies who dont have experience.
-Form of salary or compensation amd selling whatever price bitcoin hits.
-Selling and buying for other coin or altcoins. Shifting priority.

But as an experts in the BTC investment, taking profit is the major thing investors should consider before selling their BTC in the market. Those that get panic to sell in the bear market, they don't have any option at the moment than to sell BTC to solve some problem, because there is no source of income to apply not to sell BTC.

Anyone that have this feeling of panic in selling, form of salary they need the knowledge of BTC price movement because you don't need to allow all those things to make you sell your BTC at low price.