Post
Topic
Board Bitcoin Discussion
Re: Stop Selling bitcoin folks
by
HasHe
on 01/02/2018, 22:49:35 UTC
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.
Yes, most of the newbies have entered the market thinking that they would become rich soon due to bitcoin and now they are getting disappointed on seeing bitcoin's price move. They just sell their bitcoins making the market more unstable.Already we the community as a whole failed to stop bitcoin price falling due to panic selling and now even when big firms have entered the market via bitcoin futures, it seems impossible for us to stop this movement.