people who dont believe in the tech and was in only to make a quick buck.. they should sell.. bitcoin is not for them !
let them sell.. the least weak hands in the game, better for the next run up !
Let the weak hands suffer the most. And strong hands took control of everything. Its very unfortunate to see the price of bitcoin nose diving, but hey, its their lost anyways. Let them regret their decisions later when they see the bitcoin bouncing back to $20K.
We see something different. People do not hold for long time as they invested because they expect profit in reasonable time. A lot of newcomers entered the market in Dec and Jan as they expected further grow. But this has not happened and we see strong dip. Anyway many people need money they invested back so they will sell despite lower prices. Yes brother, arrears and rents are due every month. The way to pay is to sell bitcoins which is happening now.
Who the heck is spending his rent money on bitcoin ? Bitcoin should be an investment of money you are willing to store in your bank account or money that you could only afford to lose . It's never a good idea to put your life savings or rent money on something as volatile as cryptocurrency. Invest on your own risk and don't be surprised when all people are selling and the market is droping .The Market won't only go up especialy crypto market.
Correct. Invest what you can afford to lose. Others are mislead though and sell everything and invest on bitcoin. The market is volatile, no one is certain how the price will move. Its gonna be a painful experience to see today all your investment crashing because you put your life savings on crypto market.