Quote from: Ziskinberg on September 18, 2016, 08:21:37 AM

Quote from: Cateinyard on September 18, 2016, 07:53:14 AM

Quote from: danherbias07 on September 15, 2016, 03:48:47 PM

Quote from: BitsandBites on September 15, 2016, 02:49:43 PM

Yes the price of bitcoin matters for people and for investors alot. It also shows and reflects the value of bitcoin.
If the price is low then it means bitcoin is doing bad obviously so the higher the price the better it's doing and the more attention it will get. And that is what we are looking for.

I got one question that is popping up my head whenever the price goes down. Are there really that many people who sells bitcoin that time? The real question is why?
Why are they selling? Is there some news that it will go down that is why they panic sell?
Maybe I am just too worried.

Some people are short term investors. When the price rise to their target, they will sell to get some profit.

That is why the price matters to them and we traders does not want to see the price of bitcoin to be stable as we are making money on the volatility of the price.

Traders love the price fluctuation as they have the trend to follow in order for them to make money, when the price will become stable that is not the time to invest anymore so if we want to make profit in the future, now is the right time to start trading and investing.